No. 7, Millenium Plaza, Opp. Swaminarayan Mandir, Mansi Cross R Ahmedabad, Gujarat - 380015
Phone: 26750014

Public Issue of 4500000 Equity Shares of Rs 10.00 each for Cash per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
30/09/201904/10/201910.00 -
Lead Managers Registrar Listed at
FEDEX SECURITIES LTD.
Link Intime India Private Limited
C-101, 247 Park,
L.B.S. Marg, Vikhroli (West), ,
Mumbai, Maharashtra - 400083
Phone: 49186200 Fax: 49186195
NSE
Object of the issue

The issue comprises of fresh issue of 45,00,000 Equity Shares by the Company aggregating Rs 450.00 Lakhs (“Fresh Issue”).

The Company proposes to utilize the Net Proceeds from the issue towards the following objects:

1. Meeting incremental working capital requirements,
2. General corporate purposes.

Project Cost
(Rs. in Crs.)
ISSUE EXPENSES0.33
WORKING CAPITAL REQUIREMENTS3.72
GENERAL CORPORATE EXPS.0.45
TOTAL COST4.50
Means of Finance
(Rs. in Crs.)
PUBLIC ISSUES4.50
TOTAL COST4.50
Promoted by

The Promoters of the Company are :

1. Mr. Vijay Shah
2. Mrs. Alpaben Shah

1. Mr. Vijay Shah : Vijay Shah, aged 37 years, is the Promoter, Chairman and Managing Director of the Company. He has been Director of the Company since incorporation. He was designated as a Managing Director of the Company w.e.f. July 08, 2017 in the Extra ordinary general meeting of Company. He has completed his Higher Secondary Education from Gujarat Secondary Education Board, Gandhinagar, Gujarat. He plays pivotal role in business development, sales, administration and financial functions of the Company. He is entrusted with the responsibility of looking after the overall management and operations, planning and implementation of the strategies of the company.

Aadhar Number : 6961 8383 3840
Driving License : GJ01 20000517065
Pan Card Number : AUQPS1900H

2. Mrs. Alpaben Shah : Alpaben Shah, aged 37 years is a Promoter, Whole Time Director and Chief Financial Officer of the Company. She holds a degree in Bachelor of Commerce (Advanced Accounting and Auditing) from Gujarat University. She also holds a degree of Master of Commerce (Accountancy) from Gujarat University. She has been Director of the Company since Incorporation i.e. February 09, 2010 and was designated as Whole Time Director on July 08, 2017. She was designated as Chief Financial Officer on July 18, 2017. Her knowledge of jewellery industry has contributed to the growth of the Company.

Aadhar Number : 8209 2117 0179
Driving License : GJ01 20120027766
Pan Card Number : BKZPS6593L