Gautam Gems LTD IPO

Incorporated in 2014, Gautam Gems Ltd is a Surat, Gujarat-based company engaged in manufacturing and trading of diamonds of rough and polished diamonds.

The company purchases the rough diamonds and polish them in-house at its Surat office. The polished diamonds are sold to jewellery manufacturers, jewellery wholesalers, jewellery retailers, jewellery traders, diamond wholesalers, diamond retailers.

The company also sells rough diamonds to rough diamond traders and diamond manufacturers in domestic markets. It has its independent sales and distribution network for its products within the domestic markets.

Gautam Gems LTD IPO Issue Details

Gautam Gems Ltd - SME IPO

 Issue Open

 Jan 24, 2018 - Jan 30, 2018. 

 Issue Price  Rs.36 Per Equity Share
 Market Lot  3000 Shares 
 Minimum Order  Quantity  3000 Shares 
 Issue Size  2,100,000 Equity Shares of Rs 10 aggregating up to Rs 7.56 Cr
 Face Value  Rs 10/-
 Listing At  BSE SME


Company Promoters:

Mr. Gautam P Sheth and Mrs. Nidhi G Sheth are the promoters of the Company.

Objects of Gautam Gems Limited - SME IPO Issue:

The Net Proceeds from the Issue are proposed to be utilized by the Company for the following objects:

1. To meet working capital requirement; and
2. To meet the expenses of the Issue.

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