Yaashvi Jewellers Ltd - IPO

Yaashvi Jewellers Ltd IPO Details

Initial public offer of 52,86,400 equity shares of face value of Rs.10/- each (the Equity Shares) of Yaashvi Jewellers Limited (the Company or Yaashvi or the Issuer) at an issue price of Rs. 83 per equity share for cash, aggregating to Rs. 43.88 Crores (Public Issue). The issue includes a reservation of 2,67,200 equity shares of face value of Rs.10/- each, at an issue price of Rs. 83 per equity share for cash, aggregating Rs. 2.22 Crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. Net issue of 50,19,200 equity shares of face value of Rs.10/- each, at an issue price of Rs. 83 per equity share for cash, aggregating upto Rs. 41.66 Crores is herein after referred to as the Net Issue. The public issue and net issue will constitute 30.00% and 28.48% respectively of the post- issue paid-up equity share capital of the company.Issue Price Rs. 83/- per equity share of face value of Rs. 10.00 each.The Issue price is 8.3 times the face value of the equity shares. Applications can be made for a minimum of 3,200 equity shares and in multiples of 1,600 equity shares thereafter.

Objective of issue

Funding Working Capital Requirements of the Company. Repayment/ prepayment of certain borrowings availed by its Company. General corporate purposes.

Yaashvi Jewellers Ltd Contact Details

Yaashvi Jewellers Ltd, Office No S6-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - investor@yaashvijewellers.com

Website - https:, yaashvijewellers.com