Yaashvi Jewellers Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Yaashvi Jewellers Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹83
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,32,800
Issue Size
₹43.88 Cr
Face Value
₹10
Per ShareIPO Type
Fixed Price - SME
Retail Quota
50.05%
QIB Quota
0%
NII Quota
49.95%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Yaashvi Jewellers Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
94.3%
Promoter Holding (Post-Issue)
66.01%
Issue Type
Fixed Price - SME
ISIN
INE1T6L01010
About the Company
Our company is engaged in manufacturing and trading of a wide range of jewellery with major product portfolio being gold jewellery in 9K, 14K, 18K, 20K, and 22K, focusing on affordability and quality. We are mainly engaged in machinemade gold chains, which form the core of our product portfolio and are used in various jewellery designs. Alongside manufacturing, we trade in studded gold and fashion silver jewellery, diamond jewellery, gold bullion, and also offer customized jewellery for clients.
Industry Overview
India's gems and Jewellery industry is a significant contributor to the economy, accounting for 7% of GDP and 15.7% of total merchandise exports, employing approximately 5 million people. The market, valued at US$ 78.5 billion in FY21, is expected to reach US$ 100 billion by 2027. The country leads globally in cut and polished diamond exports (US$ 15.97 billion in FY24) and is the second-largest exporter of gold and silver Jewellery. Government initiatives, such as 100% FDI approval, reduced custom duties on polished diamonds (7.5% to 5%), and FTAs with UAE and Australia, are boosting industry growth. Additionally, India is a top consumer of gold, accounting for 25% of global demand, though largely dependent on imports. The government has revised gold import duties (from 15% to 6%) and introduced the Gold Monetization Scheme to optimize domestic reserves and reduce dependency on foreign gold.
Company History
Our Company was incorporated as `Yaashvi Jewellers Private Limited' under the provisions of the Companies Act, 2013 vide certificate of incorporation dated December 13, 2016 issued by Registrar of Companies/ Central Registration Centre. Subsequently the status of the Company was changed to public limited and the name of our Company was changed to "Yaashvi Jewellers Limited" vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of our Company held on September 12, 2024. The fresh certificate of incorporation consequent to conversion was issued on December 13, 2024, by Central Processing Centre. The Corporate Identification Number of our Company is U27200RJ2016PLC056519.
Growth Strategy
- Widen the company product portfolio
- Augment its fund based capacities in order to scale up business operations.
- Improving Debt - Equity Ratio.
- Expanding of the market presence.
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of 52,86,400 equity shares of face value of Rs.10/- each (the "Equity Shares") of Yaashvi Jewellers Limited ("the Company" or "Yaashvi" or "the Issuer") at an issue price of Rs. 83 per equity share for cash, aggregating to Rs. 43.88 Crores ("Public Issue"). The issue includes a reservation of 2,67,200 equity shares of face value of Rs.10/- each, at an issue price of Rs. 83 per equity share for cash, aggregating Rs. 2.22 Crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. Net issue of 50,19,200 equity shares of face value of Rs.10/- each, at an issue price of Rs. 83 per equity share for cash, aggregating upto Rs. 41.66 Crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 30.00% and 28.48% respectively of the post-issue paid-up equity share capital of the company. Issue Price Rs. 83/- per equity share of face value of Rs. 10.00 each. The Issue price is 8.3 times the face value of the equity shares. Applications can be made for a minimum of 3,200 equity shares and in multiples of 1,600 equity shares thereafter.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Experienced Promoters and Management Team.
- Diversified product portfolio,
- Recurring and non-recurring, repeat revenues from long standing customer relationships.
- Integrated Manufacturing Facility.
- Commitment to quality and hallmarked jewellery assurance.
- The company has certain outstanding litigation against its, an adverse outcome of which may adversely affect the company business, reputation and results of operations.
- The company depends on few suppliers for the company raw materials required for its operations and the company has not entered into any longterm agreements. Any delays, interruptions or reduction in the supply of raw materials to manufacture the company products and any abrupt fluctuations in the prices of its raw materials may adversely affect the pricing of the company products and may has an impact on its business, results of operation, financial condition and cash flows.
- The company depends on certain customers for a significant portion of its revenues, Also, the Company in the usual course of business does not has any long-term contracts with its customers and the company relies on purchase orders for delivery of the company products and its customers may cancel or modify their orders, change quantities, delay or change their sourcing strategy. Loss of one or more of the company top customers or a reduction in their demand for its products or reduction in revenue derived from them may adversely affect the company business, results of operations and financial condition.
- The company jewellery business faces risks from market volatility and changing customer preferences. Fluctuations in commodity prices like gold and silver could impact its costs and profitability. The company ability to anticipate changes in industry trends to meet customers' demands and any variations in the government regulations/policies or technology upgradation is a significant factor to remain competitive, any failures to identify and understand the trends may materially adversely affect the company business.
- Majority of the company revenue from operation is derived from manufacturing of plain gold chains. Any reduction in the sale of plain gold chains, or its inability to manufacture and sell plain gold chains, may has an adverse effect on the company business, results of operations, cash flows and financial condition.