Navkkar Gold & Diamond Ltd. Manufactures and retails gold, diamond, and silver jewelry, as well as gold and silver coins, utensils and artifacts. The company intends to offer design-oriented jewelry lines that focus on the changing customer requirements and market demands.
Its jewelry is offered under the "Navkkar Jewellers" and "Blencci" brands, encompassing jewelry ranging from rings, earrings, necklaces, bangles, bracelets, chains, mangalsutras, anklets and bridal jewelry to kundan, jadau, Italian and pokli jewelry styles. The company also provides customization services for the design of jewelry to its customers.
As at the date of the Draft Prospectus, the Company owns and operates four retail outlets, including Navkkar Jewellers, Navkkar Bridal, The Silver Stores, and Blencci. All of its products are BIS hallmarked, ensuring quality and authenticity of the ornaments. It is predominantly focused on catering to retail customers via its stores and it offer its jewelry to its customers in a range of price points for various occasions
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 0% | -- |
| Non-Institutional Investors (NIIs) | 50% | 9,50,000 crores |
| Retail Individual Investors (RIIs) | 50% | 9,50,000 crores |
Design-oriented and trend-driven portfolio of jewelry
Broad product portfolio and price range catering to different customer segments
Emphasis on product quality and BIS standards
Experienced and qualified promoters and management
Extensive product offering across gold
diamond and silver categories
Customization capabilities
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| -- | -- | -- |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 19,00,000 shares (aggregating up to To be announced) |
| Fresh Issue | 1,90,000 shares (aggregating up to ₹19,00,000 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Fixed Price |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 99.99 shares |
| Post-Issue Shareholding | 0 shares |
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Navkkar Gold Diamond ipo has been designed to ensure broad participation while maintaining optimal price discovery.
Sco 19 Sector 34 C Sector 34 Chandigarh
Skyline Financial Services Pvt.Ltd.
| Book Running Lead Manager(s) |
|---|
| Wealth Mine Networks Pvt Ltd |