Gautam Gems IPO

Gautam Gems IPOBusiness description - Gautam Gems is a manufacturer & trader of rough and polished diamonds. The company sells diamonds of multiple category, shape, cut, size and color. The range of diamonds it manufactures and trades in purely depends on the demand and supply of diamonds in the local markets. Primarily, Round Brilliant and All Fancy shape, 0.18 carats upto15.00 carats Size and D to N color with all type of Fancy color diamonds are demanded by its customers. The company maintains stock of its various shaped diamonds depending on the customer demand.

It procures diamonds from suppliers based in the domestic market. In order to compete in the diamond market, the company has created and maintained an independent sales and distribution network for its products within the domestic markets. Further to ensure customer satisfaction, quality supply of diamonds, timely delivery of orders and purchase-sale of authentic diamonds, it deals with suppliers and customers on mutually agreed terms. Further, it has developed and maintained long-term and stable relationships with key suppliers and key customers although it has not entered into any formal contracts with either of them.

Promoters of Gautam Gems – Mr Gautam P Sheth & Mrs Nidhi G Sheth
Gautam Gems IPO details
Subscription Dates24 - 30 January 2018
IPO Price bandINR36 per share
Fresh issue 2,100,000 shares (INR7.56 crore)
Offer for sale Nil
Total IPO size2,100,000 shares (INR7.56 crore)
Minimum bid (lot size)3,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnBSE SME platform
Use of funds
  • Working capital requirements - INR7.27 crore
Gautam Gems' financial performance (in INR lakh)
  FY2014FY2015FY2016FY20178M FY2018
Total revenue 3.53.63.84.41,154.3
Total expenses 3.53.63.84.31,094.2
Profit after tax 0.010.030.010.0640.75
Gautam Gems Contact Details

Gautam Gems Limited
3rd Floor, Office – 301, Sumukh
Super Compound, Vasta Devadi Road
Surat 395004, Gujarat

Phone: +91 261 2538 046
Email: [email protected]
Website: www.gautamgems.com

Gautam Gems IPO Subscription Details
DaySubscription (no. of times)
Day 10.46
Day 20.80
Day 31.76
Day 44.91
  
Gautam Gems Valuation (Latest FY)

Earnings Per Share (EPS): INR0.6

Price/Earnings (P/E) ratio: 60

Return on Net Worth (RONW): 5.41%

Net Asset Value (NAV): INR11.1 per share

Registrar of Gautam Gems IPO

Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana

Phone: +91 40 6716 2222 
Fax:
 +91 40 2343 1551 
Email:
 [email protected]
Website: www.karvycomputershare.com

Gautam Gems IPO Allotment Status

Gautam Gems IPO allotment status is now available on Karvy Computershare’s website. Click on this link to get allotment status.

Listing performance of Gautam Gems

IPO Opening Date: 24 January 2018

IPO Closing Date: 30 January 2018

Finalisation of Basis of Allotment: 2 February 2018

Initiation of refunds: 5 February 2018

Transfer of shares to demat accounts: 5 February 2018

Listing Date: 7 February 2018

Listing Price on BSE SME: INR34.15 per share (down 5.14% from IPO price)

Closing Price on BSE SME: INR34.60 per share (down 3.89% from IPO price)

One thought on “Gautam Gems IPO

  • January 22, 2018 at 4:46 PM
    Permalink

    business only in 8 months. fooling people by collection public money.

    Reply

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