Shubhlaxmi Jewel Art Limited IPO Details

The group derives from Jewellery retailing and wholesaling and has experience of over 40 years in the trade. Jesingbhai branched out into the field of jewellery retailing in the year 1971 by opening its first store in Bhavnagar named Jesingbhai Jewellers and Shubhlaxmi jewellers(Group of Jesingbhai Jewellers).

The reason behind the Jesingbhai group’s foray into business itself is quite unique and makes it interesting to read. The ancestors of the current management come from a pious background that comprised of priests, saints and advisor to kings. Hailing from the several states and cities of India.

Shubhlaxmi Jewel Art Limited IPO Details
Issue Open	22-11-2018
Issue Close	27-11-2018
Allotment Date	04-12-2018
Unblocked Amount	05-12-2018
Listing Date	06-12-2018
Issue Share	25,04000* Total Equity Share - Reserved by Market Maker - Equity Share
Issue Size	₹ 6.26 Cr
IPO Price Band	₹ 26
Minimum Share Bid [Lost Size]	4000
Minimum Investment Amount [Rs]	₹ 1,04,000
Face Value	₹ 10
Retail Allocation	50%
Listing On	NSE SME

Shubhlaxmi Jewel Art Limited IPO Grey Market Premium GMP]
Latest Update	Premium	Kostak	Subject to Sauda	Recommended
16-11-2018 : 08:00 AM	-	-	-	-

Shubhlaxmi Jewel Art Limited IPO Financial details [in Rs, Cr]
Financial Year	Total Assets	Total Revenue	Total Expenses	Profit After Tax
FY-2014	11.28	6.97	6.92	0.04
FY-2015	15.24	45.14	43.22	1.91
FY-2016	15.43	47.43	46.89	0.53
FY-2017	14.80	43.43	42.49	0.94
FY-2018	17.81	46.84	45.57	1.27

Shubhlaxmi Jewel Art Limited IPO Valuation Details
Earnings Per Share [EPS]	₹ 1.42
Price/Earnings [P/E] Ratio	-
Return on Net Worth [RoNW]	14.86 %
Net Asset Value [NAV]	₹ 9.57 Per Share

Shubhlaxmi Jewel Art Limited IPO Subscription Details
As on Date	QIB/NII	RII	Total
Shared Offered	12,52,000	12,52,000	25,04,000
Day-1 [22-11-2018]	7,20,000 [0.57]	1,80,000 [0.14]	9,00,000 [0.35]
Day-2 [26-11-2018]	10,04,000 [0.80]	13,60,000 [1.08]	23,64,000 [0.94]
Day-3 [27-11-2018]	35,96,000 [3.03]	64,28,000 [5.41]	1,00,24,000 [4.22]

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Shubhlaxmi Jewel Art Limited IPO Recommendations
Live IPO Team Recommendation:- Neutral

Shubhlaxmi Jewel Art Limited IPO Contact Details
Kshitij Polyline Limited Plot No- PAP D-146/147, TTC MIDC, Turbhe, Navi Mumbai - 400705 Tel No.: +91 22 2762 0641/42/43 Fax No.: +91 22 2762 0623 Email: info@sakethexim.com Website: www.sakethexim.com

Registrar of Shubhlaxmi Jewel Art Limited IPO
LINK INTIME INDIA PRIVATE LIMITED C-101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai- 400 083, India Tel: 022-49186200; Fax: 022-49186195; Email: shubhlaxmi.ipo@linkintime.co.in Website: www.linkintime.co.in Investor Grievance Id: shubhlaxmi.ipo@linkintime.co.in Contact Person: Shanti Gopalkrishnan SEBI Registration Number: INR000004058

Lead Managers of Shubhlaxmi Jewel Art Limited IPO
PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED 406-408, Keshava Premises, Behind Family Court, Bandra Kurla Complex, Bandra (East), Mumbai – 400051, Maharashtra, India Tel: +91-22 6194 6700 Fax: +91-22 2659 8690 Website: www.pantomathgroup.com Email: ipo@pantomathgroup.com Investor Grievance Id: ipo@pantomathgroup.com Contact Person: Hardik Bhuta SEBI Registration No:INM000012110

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