HISTORY AND CERTAIN CORPORATE MATTERS
The Company was incorporated as Silgo Retail Private Limited on January 09, 2016 under the Companies Act, 2013 with the Registrar of Companies, Jaipur bearing Registration No. 049036. The status of the Company was changed to a public limited company and the name of the Company was changed to Silgo Retail Limited by a special resolution passed on July 24, 2018. A fresh Certificate of Incorporation consequent upon conversion was issued on July 28, 2018 by the Registrar of Companies, Jaipur. The Company's Corporate Identity Number is U36911RJ2016PLC049036.
Business Overview
The Company is engaged in the business of designing, manufacturing, retailing and wholesaling of silver jewellery. We deal in silver jewellery and offer a wide variety of designs to suit the preferences of the end customers. With regional diversity of tastes and preferences, we have diverse portfolio of ornaments and jewellery to suit the taste and preferences of one & all and accordingly we have developed an ability to design the jewellery products as per latest trends, fashion and demographic preference of the end customers.
The products include silver jewellery with varied range of designs. the product portfolio includes rings, earrings, bracelets, necklaces, jhumki, bangles and customized jewellery based on customer demand. We mainly deal in silver jewellery. the online products are hallmarked jewellery certified by BIS. Every jewellery made at the company is cast in 925 sterling sliver. We offer a wide range of products in silver jewellery for special occasions such as weddings and festivals to daily wear jewellery for all ages, genders and across various price points.
We are a customer centric company and we primarily focus on attaining the utmost client satisfaction by assuring them quality assured products. the ethical trade practices, transparent business dealings and timely delivery of products help us in maintaining cordial relations with the customers. the company strives at all the times to provide product that offers the customer the designs with superior finish and quality.
We have a dedicated and efficient design team, focused on developing new products and designs that meet customers' requirements using the latest 3D Computer-Aided Designing (CAD) Software. the designers focus on developing new products and designs that meet customers' needs as per their specifications. the designers are skilled in CAD and are up-to-date with the latest trends and fashion in the market and constantly provide designs for new ornaments regularly.
The Company started with an initiative "Dyuti", to promote women entrepreneurship and to make them self reliant. Dyuti is women-centric initiative by the company that has arisen from the sole need to empower women and help them become entrepreneurs. The program is suitable for every woman who wants to work, be economically productive for herself and/ or her family. The program is so launched that women entrepreneurs enroll themselves for a kit according to their suitability which is offered in different price values for selling it further. The kit includes collection of earrings, necklaces, rings, etc to embark upon their entrepreneurial jtheney. It also includes a business guide that carries essential information to help kick start their business.
We have implemented quality control practices across the value chain. The quality assurance department monitors and examines the jewellery designs inward in the stock to match the standard and quality of the product. The quality check is implemented at various stages in order to ensure quality of the product including its design, polish, size and purity.
MAJOR EVENTS:
2015-16
- Incorporated under Companies Act, 1956 as Silgo Retail Private Limited.
2016-17
- Started commercial activities
- Women centric approach initiated by Silgo Retail Pvt. Ltd. i.e. "Dyuti".
2017-18
- Commenced with manufacturing of silver Jewellery
2018-19
- Changed the status of the Company from Private to Public i.e. to Silgo Retail Limited.
2021
- Company has issued Bonus Shares in the Ratio of 1:4.
2024
-The company issued rights shares of Rs. 10 in the ratio of 1:1 at a premium of Rs. 15 per share.
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