Radhika Jeweltech Ltd (RJL), formerly Radhika Jewellers, is a jewelry retailer. The Company sells gold jewelry and diamond studded jewelry. The Company designs and manufactures its products either in house or by third parties on job work basis.
Its product profile includes traditional, bridal contemporary and combination designs across jewelry lines, usages and price points. It procures raw gold and diamond from its suppliers on cash basis and then it designs the gold jewelry through its job workers and displays the product for sale in its showroom.
It is also engaged in trading of branded jewelry. Its showroom is located at Rajkot, India. The Company also offers precious and semi-precious stone studded jewelry, gold coins, gold bullion and loose diamond solitaires. It provides daily wear jewelry, jewelry for personal occasions, festival jewelry and wedding jewelry. It offers a range of jewelry options, including rings, earrings, pendants, bracelets, necklaces, chains and bangles.
OBJECTS OF THE ISSUE:
The objects of the Issue are:
- Working Capital Requirement;
- General Corporate Purpose;
- Meeting Public Issue Expenses.
Radhika Jeweltech Ltd IPO (RJL IPO) details:
- Issue Open: September 14, 2016 – September 20, 2016
- Issue Type: Fixed Price Issue IPO
- Face Value: Rs 10 Per Equity Share
- Issue Size: 66,00,000 Equity Shares of Rs 10 aggregating up to Rs 49.50 Cr
- Issue Price: Rs. 75 Per Equity Share
- Market Lot: 1600 Shares
- Minimum Order Quantity: 1600 Shares
- Listing At: BSE SME
LEAD MANAGER TO THE ISSUE:
CORPORATE STRATEGIC ALLIANZ LIMITED
808, Samedh Complex, Near Associated Petrol Pump,
C.G. Road, Ahmedabad – 380 006,
Tel No: +91-79- 40301750 Tele Fax No: +91- 79- 40024670
Email Id: firstname.lastname@example.org
REGISTRAR TO THE ISSUE:
SATELLITE CORPORATE SERVICES PRIVATE LIMITED
B-302, Sony Apartment, Opp. St. Jude High School,
90 ft. Road, Off Andheri Kurla Road,
Jarimari, Sakinaka, Mumbai – 400 072.
Tel: +91-22- 28520461/462 Fax:+91-22- 28511809
Email Id: email@example.com
Radhika Jeweltech Ltd IPO (RJL IPO) Draft Red Herring Prospectus (DRHP) :
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