Shree Ganesh Jewellery House (I) Ltd - IPO

Shree Ganesh Jewellery House (I) Ltd IPO Details

Public issue of 1,42,69,831 equity shares of Rs.10 each for cash at a price of Rs. 260 per equity share (including a share premium of Rs. 250 per equity share), aggregating to Rs. 371.02 Crores (hereinafter referred to as the issue), consisting of a fresh issue of 1,21,36,497 equity shares by shree Ganesh Jewellery House imited (the company or the issuer) and an offer for sale of 21,33,334 equity shares by Credit Suisse PE Asia Investments (Mauritius) Limited (the selling shareholder). The issue will constitute 23.52 % of the fully diuted post issue paid-up capital of the company. The fresh issue will constitute 20.00% of thefully diluted post issue paid-up capital of the company.Issue Price: Rs 260 Per Equity Share of Face Value of Rs 10 each.The Issue Price is 26 times of the face value

Objective of issue

Setting up a manufacturing unit at Mondalpara. Setting up a new manufacturing unit at Domjur. Expansion of manuf. facility at Manikanchan SEZ. Setting up retail outlets for sale of jewellery. To meet the working capital requirement. To meet general corporate purposes.

Shree Ganesh Jewellery House (I) Ltd Contact Details

Shree Ganesh Jewellery House (I) Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - investors@sgjhl.com

Website - www.ipshreeganeshjewellery.com