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S.M. Gold Ltd.

BSE: 542034 Sector: Consumer
NSE: N.A. ISIN Code: INE00Q901014
BSE 00:00 | 01 Feb 18.35 0.40
(2.23%)
OPEN

18.35

HIGH

18.80

LOW

18.00

NSE 05:30 | 01 Jan S.M. Gold Ltd
OPEN 18.35
PREVIOUS CLOSE 17.95
VOLUME 66733
52-Week high 359.00
52-Week low 17.25
P/E 9.04
Mkt Cap.(Rs cr) 18
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 18.35
CLOSE 17.95
VOLUME 66733
52-Week high 359.00
52-Week low 17.25
P/E 9.04
Mkt Cap.(Rs cr) 18
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

S.M. Gold Ltd. (SMGOLD) - Company History

S. M. Gold Limited was originally incorporated as a private limited company with the name S. M. Gold Private Limited on July 26 2017. Thereafter the Company was converted in to a public limited company pursuant to a special resolution passed by the shareholders at the EGM held on August 12 2017 and consequently name was changed to 'S. M. Gold Limited' (SMGL) on August 24 2017. Subsequently the Company has acquired the business of Proprietorship Concern of one of the Promoter- Mr. Priyank S. Shah viz M/s S.M. Gold through the Business Succession Agreement dated August 03 2018. Consequently the business of the proprietorship firm was merged into S. M. Gold Limited. The Company is principally into the business of manufacturing and wholesale trading of mangalsutra jewellery. Besides mangalsutra jewellery a minor part of business also includes other jewellerys like Rings Chain Earrings Ear Chain Nose-rings/Nose pins waist belts Anklet Zuda Toe Ring Pendant Set/Pendant Bracelet and Bangles. wedding Jewellery festive Jewellery. The Company's jewellery is mostly traditional in style and is handmade by the workers. The Company has an in-house designing team which designs the mangalsutra and other jewellerys in traditional modern and indo-western style. It also directly purchase designs from other jewellery designers. Apart from manufacturing jewellery itself the company also get its mangalsutra and other jewellerys manufactured through job workers. These job workers are located in Ahmedabad Rajkot Kolkata and Mumbai. Besides manufacturing and job work the company also purchase readymade mangalsutra and other jewellerys from other independent jewellery wholesalers located in Mumbai. The jewellery sold by the company is sold under the brand name of 'S. M. Gold - the House of Mangalsutra'. The Company's strength is in manufacturing Mangalsutra and Antique Jewellery. However in order to cater to customers taste preference choice and the ever changing trends in the jewellery the company offers its customers a wide variety of traditional Indo-western & modern jewellery also. We also customize the jewellery according to the individual needs to keep pace with the latest trends in the market. As well as to satisfy its consumer requirements the company strives to continuously develop new jewellery designs and themes. The promoters Mr. Priyank S. Shah and Mr. Pulkitkumar S. Shah have 10 years and 8 years of experience in gems and jewellery industry respectively.

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