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Gautam Gems Ltd.
Issue Open Date 24-Jan-18  
Issue Closing Date 30-Jan-18  
Application Money 100  
Allotment Money  
Price Band 36 -  
Minimium Application No. 3000  
Issue Size (Shares) 2100000  
Market Lot 1  
Objective
The Net Proceeds from the Issue are proposed to be utilized by our Company for the following objects:1. To meet working capital requirement; and2. To meet the expenses of the Issue
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors       NA  
Qualified Institutional Buyers       NA  
Retail Individual Investors       NA  
Business Description
Overview of our Business Our Company was originally incorporated as “Gautam Gems Private Limited” on February 18, 2014 under the Companies Act, 1956 vide certificate of incorporation issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Subsequently, Our Company was converted in to a public company and consequently name was changed to “Gautam Gems Limited” (GGL) vide fresh certificate of incorporation dated August 16, 2017 issued by Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Our company has been principally incorporated as a Manufacturer & Trader of rough and polished diamonds. Our registered and corporate office is located in Surat, which is the diamond hub of India. We sell diamonds of multiple category, shape, cut, size and color. The range of diamonds we manufacture and trade in purely depends on the demand and supply of diamonds in the local markets. Primarily, Round Brilliant and All Fancy shape, 0.18 carats upto15.00 carats Size and D to N color with all type of Fancy color diamonds are demanded by our customers. We maintain stock of our various shaped diamonds depending on the customer demand. We procure our diamonds from suppliers based in the domestic market. We deal with only those suppliers who are reputed. Trust, reliability, quality and authenticity of diamonds is the upmost priority in diamond business. Further, the sales of our rough and polished diamonds depend on the kind of our customer with whom we are dealing with. Such as our polished diamonds are majorly purchased by jewellery manufacturers, jewellery wholesalers, jewellery retailers, jewellery traders, diamond wholesalers, diamond retailers and our rough diamonds are majorly purchased by rough diamond traders and diamond manufacturers. In order to compete in the diamond market, we have created and maintained an independent sales and distribution network for our products within the domestic markets. Further to ensure customer satisfaction, quality supply of diamonds, timely delivery of orders and purchase-sale of authentic diamonds, we deal with our suppliers and customers on mutually agreed terms. Further, we have developed and maintained long-term and stable relationships with our key suppliers and our key customers although we have not entered into any formal contracts with either of them. Our promoters, Mr. Gautam P Sheth and Nidhi G Sheth have 15 years and 7 years of experience in diamond business, respectively. Our revenue is Rs. 1154.25 Lakhs in eight month ending on November 30,2017, Rs. 4.35 Lakhs in fiscal year 2017, Rs. 3.78 Lakhs in fiscal year 2016, Rs. 3.63 Lakhs in fiscal year 2015, Rs. 3.50 Lakhs in fiscal year 2014. Our net profit after tax was Rs. 40.75 Lakhs in eight month ending on November 30,2017, Rs. 0.06 Lakhs in fiscal year 2017, Rs. 0.01 Lakhs in fiscal year 2016, Rs. 0.03 Lakhs in fiscal year 2015, Rs. 0.01 Lakhs in fiscal year 2014. For further details pertaining to our financial performance, please see “Financial Information” beginning on page no. 116 of this Prospectus. Our Competitive Strengths 1.Quality Products 2.Well established relationship with our supplier 3.Strong & long-term relationship with our customers 4.Wide Varieties of diamonds 5.Rich domain experience of our Promoters
Promoter's Holding
Total Share Capital   3390168  
Offered to Public   2100000  
Promoter's Holding (Pre-Issue)   99.97  
Promoter's Holding (Post-Issue)   61.74  
Address
3rd Floor
Office – 301
Sumukh
Super Compound
Vasta Devadi Road
Surat,
Gujarat,
395004
Phone :
Email : complianceggl@gmail.com
Website : www.gautamgems.com
Registrar
Karvy Computershare Pvt Ltd
105-108
Arunachal Building
19
Barakhamba Road
New Delhi
Listed at
BSE
Lead Manager
First Overseas Capital Ltd.
Promoters
Gautam P Sheth
Nidhi G Sheth
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