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Silgo Retail Ltd.

BSE: 535117 Sector: Consumer
NSE: SILGO ISIN Code: INE01II01013
BSE 05:30 | 01 Jan Silgo Retail Ltd
NSE 05:30 | 01 Jan Silgo Retail Ltd

Silgo Retail Ltd. (SILGO) - Company History

Silgo Retail Limited was incorporated as a private limited company with the name Silgo Retail Private Limited on January 09 2016. The status of the Company was changed to a public limited company and the name of the Company was changed to Silgo Retail Limited on July 28 2018.. Silgo Retail is engaged in the business of designing manufacturing retailing and wholesaling of silver jewellery. The Company deals 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 the company has diverse portfolio of ornaments and jewellery to suit the taste and preferences of one & all and accordingly it has developed an ability to design the jewellery products as per latest trends fashion and demographic preference of the end customers. The Company's products include silver jewellery with varied range of designs. Its product portfolio includes rings earrings bracelets necklaces jhumki bangles and customized jewellery based on customer demand. The Company mainly deals in silver jewellery. Its online products are hallmarked jewellery certified by BIS. Every jewellery made at the company is cast in 925 sterling sliver. The Company offers 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. Silgo Retail is a customer centric company and primarily focuses on attaining the utmost client satisfaction by assuring them quality assured products. Its ethical trade practices transparent business dealings and timely delivery of products help them in maintaining cordial relations with customers. The company strives at all the times to provide product that offers customer the designs with superior finish and quality.The Company has 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 journey. It also includes a business guide that carries essential information to help kick start their business. The Company has 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.