Silgo Retail Ltd
Issue Analysis :
| Issue opens | Sept.27, 2018 |
| Issue Closes | Oct. 03, 2018 |
| Issue Price | Rs 36 |
| Lot Size | 3000 |
| Issue Size | 4.88 Cr |
| Lead Manager | Aryaman Financial Services Limited |
| Registrar | Bigshare Services Pvt Ltd |
| Platform | NSE |
Company’s Snapshot :
Silgo Retail is engaged in the business of designing, manufacturing, retailing and wholesaling of silver jewellery. The company deals in silver jewellery and offers a wide variety of designs to suit the preferences of the end customers. With regional diversity of tastes and preferences, it has diverse portfolio of ornaments and jewellery to suit the taste and preferences.
Its products include silver jewellery with varied range of designs and the product portfolio includes rings, earrings, bracelets, necklaces, jhumki, bangles and customized jewellery based on customer demand. Its online products are hallmarked jewellery certified by BIS and every product 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. It 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.
Object of the Issue:
The objects of the Issue are to:
- Working Capital Requirement
- General Corporate Purpose
- Issue Expenses
Financial Highlights :
| FY2017 | FY2018 | |
| Total revenue | 4.98 | 16.47 |
| Total expenses | 4.71 | 15.15 |
| Profit after tax | 0.18 | 0.95 |
Company Promoters:
The Promoters of the Company is:
- Mr Nitin Jain
- Mrs Bela Agrawal
Contact Company Information:
Silgo Retail Limited
B–11, Mahalaxmi Nagar
Jawahar Lal Nehru Marg
Jaipur, Rajasthan– 302 017
Phone: +91 0141 4919655
Email: info@silgo.in
Website: www.silgo.in