IPO Issue Details
Issue Price / Price Band₹145 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size40 Shares per Lot
Total Issue Size93,71,000 shares (aggregating up to ₹126.51 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenTue, 23 Mar 2010
Subscription CloseFri, 26 Mar 2010
Anchor AllotmentMon, 22 Mar 2010
Basis of AllotmentThu, 01 Apr 2010
Initiation of RefundsFri, 02 Apr 2010
Credit of Shares to DematFri, 02 Apr 2010
Listing DateFri, 16 Apr 2010
UPI Mandate Deadline2010-03-26
Application & Investment Details
Retail — Min (1 Lots)₹5,400 — 40 shares
Retail — Max (13 Lots)₹75,400 (13 Lots)
HNI — Min (186 Lots)₹10,04,400 — 7,440 shares
Pre-IPO Promoter Holding2,23,29,000 shares
Post-IPO Promoter Holding3,23,29,000 shares
About Goenka Diamond & Jewels Ltd.
Incorporated in 1990, Goenka Diamond & Jewels Limited is in the business of cutting and polishing of diamonds and manufacturing and retailing of diamond jewellery. Goenka's product profile includes rings, earrings, pendants, bracelets, necklaces, etc. which are manufactured using polished diamonds, precious and other semi precious stones which are set in gold. Company has its own diamond processing unit at SEZ in Surat and in Mumbai.Goenka Diamonds retail its diamond jewellery under two brands CERES and G WILD. Company retail high end diamond jewellery under the CERES brand targeting the top-end segment of the society while G WILD focuses on internationally designed diamond jewellery targeting the youth.
Objects of the Issue
Goenka Diamond & Jewels Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Establishment of G WILD Stores
5.16
2
2 Establishment of CERES Stores
2.13
3
3 Working capital requirement for jewellery business
84.60
4
4 Establishment of jewellery manufacturing facility
3.84
5
5 Establishment of diamond processing facility
3.29
6
6 Investment in the Subsidiary
25.00
7
7 General corporate purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding
2,23,29,000 shares
Post-IPO Promoter Holding
3,23,29,000 shares