DARSHAN ORNA Share price

The Company was originally incorporated at Ahmedabad as “Darshan Orna Private Limited” on 20th January 2011 under the provisions of the Companies Act 1956 vide certificate of incorporation issued by the Registrar of Companies Gujarat Dadra and Nagar Havelli. the Company was converted in to a Public Limited Company and consequently the name was changed to “Darshan Orna Limited " vide fresh certificate of incorporation dated May 29 2015 issued by the Registrar of Companies Ahmedabad. The CIN of the Company isU36910GJ2011PLC063745. We are integrated as a Wholesaler of branded Jewellery & Ornaments. Apart from being a wholesaler we are also into trading business of silver and distributor of readymade gold & silver Jewellery & Ornaments. the portfolio of products includes gold and silver jewellery with or without studded precious and semi-precious stones. the Jewelries and ornaments are designed keeping in mind the demand for the Traditional Modern & Indo-Western jewellery & ornaments in India. With regional diversity of tastes and preferences we have diverse portfolio of Ornaments and Jewellery to suit the taste and preferences of one & all. the portfolio comprises of 20% Traditional Jewellery 40 % of Modern Jewellery & 40 % of Indo-Western Jewellery. the gold & silver traditional jewelries & ornaments are either made with kundan gem stones American diamonds etc or just plain gold or silver. For the 3rd quarter ended December 31 2015 Fiscal 2015 2014 and 2013 the total income was Rs. 1204.43 Lakhs Rs. 822.59 Lakhs Rs. 120.40 Lakhs and Rs. 80.25 Lakhs respectively and the net profit after tax was Rs. 21.47 Lakhs Rs. 2.35 Lakhs Rs. 0.22 Lakhs and Rs. 0.16 Lakhs respectively.Key Events and Milestones:2011-Incorporation of Darshan Orna Private Limited2012-Increase in Authorized Share capital from Rs. 100000 to Rs. 350000-Allotment of 15000 Equity Shares2013-Increase in Authorized Share capital from Rs. 350000 to Rs. 460000-Allotment of 21000 Equity Shares2015-Increase in Authorized Share capital from Rs. 460000 to 7500000-Conversion of Loan amount Rs. 100.33 Lakhs into 154358 equity shares-Conversion of Loan (against purchase of goods i.e. other than cash) amount Rs. 209.63 Lakhs into 322518 equity shares-Converted to Public Limited-Increase in Authorized Share capital from Rs.7500000 to Rs. 34000000-Allotment of 2875818 Bonus Shares out of free reserves-Increase in Authorized Share capital from Rs. 34000000 to Rs.45000000-Conversion of Loan amount Rs. 71.50 Lakhs into 110000 equity shares-Increase in Authorized Share capital from Rs.45000000 to Rs.470000002016-Increase in Authorized Share capital from Rs.47000000 to Rs.48000000