-BY AVIION BUSINESS
Founded in October 1997, the jewelry brand is headquartered in Jaipur, Rajasthan. Renowned for its hyperlocal retail chain, the company has four showrooms, including a regional flagship store. Specializing in a diverse range of jewelry, the company offers an extensive collection that includes over 300,000 designs. Their portfolio features gold, diamond, kundan, and a variety of other pieces made from materials like pearl, silver, platinum, and precious stones.
The company’s public offering consists of a fresh issue worth approximately Rs 151.09 crores, with no offer for sale by existing shareholders, totaling around Rs 151.09 crores in equity shares.
PARTICULARS
2023
2022
2021
Total Assets
336
366
306
22
3.42
315
31
39
1.47
15
Total Revenue
Profit Aft Tax
EPS
EBITDA
275
213
9
2.27
49
Third-Party Dependency: Heavy reliance on third-party suppliers, disruptions or quality issues may harm reputation and finances. Loan Structure: Mix of unsecured loans with high interest and secured loans; prepayment from IPO proceeds impacts borrowing. Geographic Concentration: All showrooms in Jaipur; regional adverse developments could affect business and financials.
In-depth details
AVIION.BUSINESS
7506108496 7304749373
aviion.business@gmail.com