“Bhakti Gems and Jewellery Limited,” founded in 2010, is an integrated manufacturer and wholesaler of branded jewelry and ornaments. The company is headquartered in Ahmedabad, Gujarat.
The company’s product providing offers a diverse and varied selection of Gold jewellery with or without precious and semi-precious stone studding. Rings, Chains, Bracelets, Mangalsutra, Necklaces, Zuda, Ear chains, Toe rings, Earrings, anklets, Pendants, Bangles, and many other decorations and jewellery items are among these things. Designs for jewellery and decorations represent Traditional, Modern, and Indo-Western styles. These jewellery ornaments are developed in response to customer desire. Based on the regional diversity of tastes and preferences, the company has a
varied inventory of Ornaments and Jewellery. Their gold and traditional jewellery is fashioned with kundan, jewels, American diamonds, and other materials, or it is just pure gold. Bhakti Gems and Jewellery obtains its raw materials from Ahmedabad’s local marketplaces.
Bhakti Gems and Jewellery Rights Issue 2023 Detail
| Issue Open | Jun 9, 2023 – Jun 20, 2023 |
| Security Name | Bhakti Gems and Jewellery Limited |
| Issue Size (Shares) | 5,013,173 |
| Issue Size (Amount) | ₹6.02 Crores |
| Issue Price | ₹12 per share |
| Face Value | ₹10 per share |
| Listing At | BSE |
| Terms of Payment | |
| Entitlement | 1 Rights Equity Share(s) for every 2 fully paid-up Equity Shares held on Record Date |
Bhakti Gems and Jewellery Rights Issue 2023 Issue Timetable
| Last Date to buy shares | May 30, 2023 |
| Record Date | May 31, 2023 |
| Credit of Rights Entitlements | |
| Bid/Offer Opens On | Jun 9, 2023 |
| Renunciation of Rights Entitlements | Jun 15, 2023 |
| Bid/Offer Closes On | Jun 20, 2023 |
| Deemed Date of Allotment | Jun 23, 2023 |
| Credit Date | Jun 26, 2023 |
| Listing Date | Jun 27, 2023 |
Bhakti Gems and Jewellery Limited Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 22.62 | 67.95 | 0.26 |
| 31-Mar-22 | 29.97 | 88.97 | 0.88 |
Company Contact Information
Bhakti Gems and Jewellery Limited
209, Balaji Paragon, Besides Axis Bank,
Swagat Char Rasta Off C.G. Road,
Ahmedabad-9
Phone: 079-26421701-2-3
Email: info_bhaktiornaments@yahoo.co.in
Website: https://www.bhaktijewellery.com
Lead Manager of Bhakti Gems and Jewellery Limited IPO:
- Guiness Corporate Advisors Private Limited
Bhakti Gems and Jewellery Rights Issue 2023 FAQs
Q1. When is Bhakti Gems and Jewellery Rights Issue 2023 coming?
Ans. The Bhakti Gems and Jewellery Rights Issue 2023 opens on Jun 9, 2023, and closes on Jun 20, 2023.
Q2. What is the issue price for Bhakti Gems and Jewellery Rights Issue 2023?
Ans. Bhakti Gems and Jewellery Rights Issue 2023 price is set at ₹12 per share per equity share.
Q3. In what ratio is the Bhakti Gems and Jewellery Rights Issue 2023 offered?
Ans. The eligible shareholders are being offered 1 Rights Equity Share(s) for every 2 fully paid-up Equity Shares held on Record Date (May 31, 2023).
Q4. What is the record date for Bhakti Gems and Jewellery Rights Issue 2023?
Ans. The record date for the Bhakti Gems and Jewellery Rights Issue 2023 is May 31, 2023.
Q5. What is the issue size of Bhakti Gems and Jewellery Rights Issue 2023?
Ans. The issue size of Bhakti Gems and Jewellery Rights Issue 2023 is of 5,013,173 equity shares at ₹12 per share aggregating upto ₹6.02 Crores.
Q6. How to apply for Bhakti Gems and Jewellery Rights Issue 2023?
Ans. You can apply for Bhakti Gems and Jewellery Rights Issue 2023 in two ways:
- Net Banking (ASBA)
- Registrar’s Website (R-WAP Facility)
Steps to apply for Bhakti Gems and Jewellery Rights Issue 2023 using Net Banking (ASBA)
- Log in to the net banking account of your bank.
- Go to the ‘IPO & Rights Issue’ section.
- Check if the Bhakti Gems and Jewellery Rights Issue 2023 available on the list.
- Click the Apply button next to the Bhakti Gems and Jewellery Rights Issue 2023.
- Fill and check your information.
- Submit the application.
Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.
Steps to apply for Bhakti Gems and Jewellery Rights Issue 2023 using Registrar’s website (R-WAP)
- Visit registrar’s website
- Go to the ‘Rights Issue’ section
- Select Bhakti Gems and Jewellery Rights Issue 2023 from the dropdown.
- Enter Demat Account Number.
- Fill the online application form.
- Validate and submit the application.
