Shree Ganesh Jewellery House Ltd IPO

The Initial Public Offering (IPO) of Shree Ganesh Jewellery House Limited has opened for subscription by investors today - March 19, 2010.

The Rating Agency CARE has assigned IPO Grading of Care IPO Grade 3. Axis Bank Limited, ICICI Securities Limited and Avendus Capital Private Limited are the Book Running Lead Managers to the IPO.

Enam Securities Private Limited, Ashika Stock Broking Limited, Prabhudas Lilladhar Private Limited and Reliance Securities Limited are the Syndicate Members to the issue.

Shree Ganesh Jewelery House Limited is one of the largest manufacturers and exporters of handcrafted gold jewellery in India. Company’s 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.

There portfolio includes rings, earrings, pendants, bracelets, necklaces, bangles and medallions. Shree Ganesh also plans to set up units in Dubai and Singapore and expand its export footprint into new geographies such as Europe, Australia and Africa. The Middle East, Singapore and Hong Kong are the major export markets for the firm.

Registered Office Address ;413, Vardaan Market, 25A, Camac Street, Kolkata - 700 016
Email investors@sgjhl.com

Website http://www.sgjhl.com/

Issue Open 19-Mar-2010

Issue Close 23-Mar-2010

Issue Size 1,42,69,831 Equity Shares

Issue Type Book Building

Face Value Rs.10/-

Price Range Rs. 260/- to Rs. 270/-

Tick Size Re.1/-

Market Lot 25

Minimum Order Qty 25

Listing Stock Exchange Mumbai, NSE

Registrar To The Issue Link Intime India Pvt. Ltd.

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