Shree Ganesh Jewellery House would be issuing 1 crore equity shares of Rs 10 each on preferential basis to promoters at a price of Rs 150 a share. The company plans to utilize these funds to enhance the long-term financial resources of the company, which will enable it to improve its operating performance. The proceeds will also be utilized for making investment in shares and securities, providing loan and advances and for repayment of borrowings. The company has already sought shareholders’ nod for increasing the authorised share capital to around Rs 195 crore from Rs 150 crore.
Shree Ganesh Jewellery House is one of the largest manufacturers and exporters of handcrafted gold jewellery in India. Its products include handcrafted and hallmarked gold jewellery, gold enameled jewellery and gold jewellery studded with precious stones such as diamonds, rubies, emeralds, sapphires, pearls, etc. and semi-precious stones such as garnet, cubic zirconium, etc.
Company Name | CMP |
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Titan Co | 3271.30 |
Kalyan Jewell.India | 409.00 |
Rajesh Exports | 301.55 |
Sagar Diamonds | 29.45 |
Senco Gold | 875.00 |
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