Shubhlaxmi Jewel Art Ltd.
Shop No. 1, Ground Floor, "D & I Excelus", Waghawadi Road, Bhavnagar, Gujarat - 364002
Phone: 2562600

Public Issue of 2504000 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 16.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
22/11/201827/11/201826.00 -
Lead Managers Registrar Listed at
PANTOMATH CAPITAL ADVISORS PVT. LTD.
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park,
Lal Bahadur Shastri Marg,, Vikhroli (West),
Mumbai, Maharashtra - 400083
Phone: 49186200 Fax: 49186195
NSE
Object of the issue

Requirement of Funds

The proceeds of the Issue, after deducting Issue related expenses, are estimated to be Rs. 601.04 lakhs (the “Net Proceeds”).

We intend to utilize the Net Proceeds from Issue towards the following objects:

1. Funding the working capital requirements of the Company; and,
2. General corporate purposes.

 

Project Cost
(Rs. in Crs.)
ISSUE EXPENSES0.50
WORKING CAPITAL REQUIREMENTS5.20
GENERAL CORPORATE EXPS.0.81
TOTAL COST6.51
Means of Finance
(Rs. in Crs.)
PUBLIC ISSUES6.51
TOTAL COST6.51
Promoted by

The Promoters of the company are Mr. Narendrasinh Chauhan and Mr. Jitendrakumar Chauhan

1. Mr. Narendrasinh Chauhan : his aged 42 years, is the Promoter, Chairman and Managing Director of the company. He has been the Director of the company since inception and subsequently designated as Managing Director of the Company on May 10, 2018 . He has completed his Higher Secondary Education from Gujarat Secondary Education Board, Gandhinagar, Gujarat. He has been awarded as Jewel of Bhavnagar by Saurashtra Samachar in year 2013 for his achievements in young age and contribution to society. He has more than 20 years of experience in the jewellery Industry. He is responsible for the entire business operations and marketing strategies of the company.

Passport No: H6593102

Driving License: GJ04-19940044146

Voters ID: AQP2212702

Address: Plot No. 1900, Laxmi Krupa, Atabhai Road, Near Shashiprabhu Chowk Rupani, Bhavnagar-364001, Gujarat, India.

2. Mr. Jitendrakumar Chauhan : his aged 36 years, is Promoter and Whole Time Director of the Company. He has been appointed as Whole Time Director of the company w.e.f. May 02, 2018. He has completed his Secondary Education from Gujarat Secondary Education Board, Gandhinagar, Gujarat. He has more than 19 years of experience in jewellery industry. He is presently looking after financial activity in the Company.

Passport No: L3299913

Driving License: GJ04-20010107363

Voters ID: CFP3390176

Address: Plot No. 1900, Laxmi Krupa, Atabhai Road, Near Shashiprabhu Chowk Rupani, Bhavnagar-364001, Gujarat, India.