SHUKRA JEWELLERS Share price

SHUKRA DIAMOND EXPORTS LIMITED (SDEL) in a short span of twoyears has achieved significant corporate and business milestoneswhich have enabled the company to develop inherent strengths andlook ahead with optimism. AND MAIN OBJECTS OF THE COMPANYShukra Diamond Exports Ltd. was incorporated as a PublicLimited Company on 13th December 1991 in the State ofMaharashtra with Registrar of Companies at Bombay. The Companyobtained its certificate to commence business on 24th February1992. The company is engaged in cutting and Polishing andexports of Polished Diamonds to various countries like U.S.AJapan Belgium Hongkong Thailand Singapore and Switzerland.The company has set up a diamond cutting and polishing unit atRuby Industrial Estate Vasai District Thane Maharashtra.The company made a public issue of 24 lacs Equity shares ofRs.10/- each for cash at par aggregating Rs.240 lacs inFebruary 1993 to part finance the project of diamond cuttingand polishing unit and to meet long term requirements of workingcapital. The paid up Equity Share Capital of the Company isRs.340 lacs divided into 340000 Equity shares of Rs.10/-each. The Equity Shares of the company are listed at theBombay Delhi Baroda and Ahmedabad Stock Exchanges.PROMISES VIS PERFORMANCEA comparison of the projections made in the Prospectus of theCompany dated 7th January 1993 and the actual performance forthe year ended 31st March1994 is given below: (Rs.in Lacs)1993-94 1993-94 [Actual] [Projected as per prospectus)Sales (Exports) 812.69 800.00(Local) - -Other Income 6.70 -Profit before interestDepreciation and Taxation 219.69 75.00Interest 1.91 -Depreciation 2.18 3.00Profit before taxation 215.60 72.00Profit after taxation 215.60 72.00Paid-up capital 324.38 340.00Dividend 20% 10%Earning per share 6.34 2.20Book value (in Rs.) 13.71 11.20DETAILS OF INVESTORS COMPLAINTSNo. of Complaints received 1546No. of Complaints resolved 1520No. of Complaints pending 26Nature of Complaints : Endorse of allotment money and non-receipt of Share Certificateetc.SUBSIDIARY OF THE COMPANY.The Company has no subsidiaries.