Suwarnsparsh Gems & Jewellery Ltd - IPO

Suwarnsparsh Gems & Jewellery Ltd IPO Details

Public issue of 27,12,000 equity shares of a face value of Rs. 10 each (the equity shares) of Suwarnsparsh Gems & Jewellery Limited (SGJL or the Company) for cash at a price of Rs. [*] per share (The Issue Price), aggregating to Rs. [*] crores (The Issue), of which, 48,000 equity shares of Rs. 10 each will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 8,64,000 equity shares of Rs. [*] each is hereinafter referred to as the net issue aggregating up to Rs. [*] crores (the issue). The issue and the net issue will constitute 30.09% and 28.56 %, respectively of the post issue paid-up equity share capital of the company. The Face value of the equity shares is Rs. 10 each and the issue price is [*] times of the face value.

Objective of issue

To meet working capital requirement. General corporate purpose.

Suwarnsparsh Gems & Jewellery Ltd Contact Details

Suwarnsparsh Gems & Jewellery Ltd, Unit No 1 Luthra Ind, Andheri Kurla Road, Safed Pool Andheri(E, Mumbai - 400 072

Phone - 91-22-2851 5606

Fax - 91-22-2851 2885

Email - naveenswani.ssgj@gmail.com

Website - www.suwarnsparsh.com