IPO open issue : Radhika Jeweltech Ltd.




Radhika Jeweltech Ltd.
No.3-4-5,'Raj Shrungi' Complex, Palace Road, , Rajkot , Gujarat - 360001
Phone: 2233100 Fax: 2241917
Public Issue of 6600000 Equity Shares of Rs 10 each for Cash at a Premium of Rs 65 per share.
Issue Open Date Issue Closing Date Application Money
14/09/2016 20/09/2016 75
Lead Managers Registrar Listed at
CORPORATE STRATEGIC ALLIANZ LTD. SATELLITE CORPORATE SERVICES PRIVATE LIMITED BSE
B-302, Sony Apartment, , Opp. St. Jude High School,
, 90 ft. Road, Off Andheri Kurla Road,
, Mumbai , Maharashtra - 400072
Phone: 28520461 Fax: 28511809
Object of the issue
The objects of the Issue are:
1. Working Capital Requirement,
2. General Corporate Purpose,
3. Meeting Public Issue Expenses.
Project Cost
(Rs.)
ISSUE EXPENSES 5,000,000.00
WORKING CAPITAL REQUIREMENTS 390,000,000.00
GENERAL CORPORATE EXPS. 100,000,000.00
TOTAL COST 495,000,000.00
Means of Finance
(Rs.)
PUBLIC ISSUES 495,000,000.00
TOTAL COST 495,000,000.00
Promoted by
Mr. Ashokkumar Mathurdas Zinzuwadia is a promoter of the Company
1. Mr. Ashokkumar Mathurdas Zinzuwadia : Mr. Ashokkumar Zinzuwadia, aged 49 years, is currently the Chairman and Managing Director of the Company. He is a promoter director of the company. He started wholesale unit of Gold Jewellery in 1986 and continued for a year. He started retail jewellery business in 1987 and continued till date. Thus he is having more than 29 years experience in the field of Retail Jewellery Business. He is the driving force for the uninterrupted growth and reputation of the company. He was the highest Income Tax payer of Rajkot and Saurashtra region during financial year 2013-14 and made Advance Payment of Income Tax of Rs. 5.50 Crores. The Firm was awarded the Certificate of Excellence for Best Retail Jewellery Showroom –West on December 27, 2014 by Gems & Jewellery Trade Council of India.
Permanent Account Number : AABPZ2289H
Passport Number : M9301413
Driving License : GJ0319990000341
IPO open issue : Radhika Jeweltech Ltd. IPO open issue : Radhika Jeweltech Ltd. Reviewed by Money99 on 16:37:00 Rating: 5

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