SM Gold IPO Dates Review, Price Band, Allotment & Market Lot

SM Gold Limited is based in Ahmedabad. The company is a manufacturer and trader of mangalsutra jewellery. Their major income comes from mangalsutra sale and other part includes other jewellery items like chain, rings, nose pins, ear chain, earrings, pendant, anklet, bangles and festive jewellery. SM Gold ipo is starting from 03-October and ends on 10-October. The price band is around Rs.30 with 4000 market lot. The ipo size is around 7.50 crore rupees.

IPO Review:

• Avoid

SM Gold IPO Dates & Price Band:

• IPO Open: 03-October-2018
• IPO Close: 10-September-2018
• IPO Size: Approx Rs 07.50 Crore
• Face Value: Rs.10 Per Equity Share
• Price Band: Rs.30 Per Equity Share
• Listing on: BSE SME
• Shares: 2,500,000
• Retail Portion: 50%

IPO Market Lot:

• Shares: Apply for 4,000 Shares (Minimum Lot Size)
• Amount: Rs.1,20,000

IPO Allotment & Listing:

• Basis of Allotment: 16-October-2018
• Refunds: 17-October-2018
• Credit to demat accounts: 19-October-2018
• Listing: 22-October-2018

Financial Results:

Rs. in Crore
	Revenue	Expense	PAT
2014	-	-	-
2015	19.55	19.22	0.21
2016	23.82	23.61	0.17
2017	22.79	22.57	0.18
2018	13.54	13.30	0.18

SM Gold IPO Important Links:

• Grey Market Premium
• IPO Subscription Numbers
• IPO Allotment Status
  

Company Promoters:

• Mr. Priyank S. Shah
• Mr. Pulkitkumar S. Shah

Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Karvy Computershare Private Limited
Phone: +91 40 6716 2222
Fax: +91 40 2343 1551
Email: smgold.ipo@karvy.com
Website: www.karvycomputershare.com

IPO Lead Managers:

• First Overseas Capital Limited

Company Address:
S M Gold Limited
Shop No-1,916 Building, Opp. Luhar Ni Pole
M.G Haveli Road, Manek Chowk
Ahmedabad – 380001
Phone: +91 79 22114411
Email: compliancesmgold@gmail.com
Website: www.smgold.in