Parshva Enterprises Limited SME IPO

Incorporated in 2017, Mumbai-based Parshva Enterprises Limited is engaged in trading and wholesale business of cut and polished diamonds, and gold jewellery. They buy and sell diamonds of different categories depending on fancy colour, size, shape and cut (princess-cut, heart-cut, etc). The price of the diamond is decided based on the size and cut evaluation like poorly cut diamonds are sold at cheaper price whereas well-cut are at a premium price. They deal with natural diamonds and some of the diamonds are GIA certified as well. The company sells out diamonds to domestic clients only. In gold jewellery, Parshva Enterprises sells out gold necklaces, bangles, earrings, pendants, chains, and earrings which can be non-studded or studded with stones, diamonds, and pearls. Apart from this, the company also invests in real estate properties in Gujarat and Mumbai area and sells them for the trading gains and are involved in real estate broking business to deal with apartments and properties.

Company Promoters: Mr Prashant A Vora