Gautam Gems Ltd

Gautam Gems

About the Company:

Gautam Gems was principally incorporated as a Manufacturer and Trader of rough and polished diamonds.Company’s registered and corporate office is located in Surat, which is the diamond hub of India.

They sell diamonds of multiple category, shape, cut, size and color. The range of diamonds they manufacture and trade in, purely depends on the demand and supply of diamonds in the local markets.

The polishing of the rough diamonds purchased by them is done in-house at our registered and corporate office.They maintain stock of various shaped diamonds depending on the customer demand.

Further, the sales of rough and polished diamonds depends on the kind of demand from customer with whom they are dealing with. Such as the polished diamonds are majorly purchased by jewellery manufacturers, jewellery wholesalers, jewellery retailers, jewellery traders, diamond wholesalers, diamond retailers and their rough diamonds are majorly purchased by rough diamond traders and diamond manufacturers.

In order to compete in the diamond market, they have created and maintained an independent sales and distribution network for their products within the domestic markets.

Further,they have developed and maintained long-term and stable relationships with their key suppliers and key customers although they have not entered into any formal contracts with either of them.

Management Team:

  1. Mr. Gautam P Sheth (Designation: Managing Director)
  2. Mrs. Nidhi G Sheth (Designation: Whole-Time Director)
  3. Mrs. Kanchanben P Sheth (Designation: Executive Director)


Promoters Average Acquisition Cost:

Name of the Promoter No. of Shares held Average Acquisition Cost (in Rs.)
Mr. Gautam P Sheth 32,23,008 15.52
Mrs. Nidhi G Sheth 82,880 0.36


Promoters Stake Pre & Post Issue:

Shareholder Name Pre Issue Stake (%) Post Issue Stake (%)
Mr. Gautam P Sheth 95.04% 58.69%
Mrs. Nidhi G Sheth 2.44% 1.51%
Promoter Group Entities             2.49%               1.53%
Total 99.97% 61.74%


Objectives of the Issue:

  • To meet working capital requirement.
  • To meet the expenses of the Issue.


Fund Utilization:

Particulars Amount (Rs. in Crores)
Working Capital requirements 7.27
Issue Expenses Expenses 0.29
Net Proceeds 7.56 crores


Financials of the Company: (in Lakhs)

(in Lakhs) FY 14 FY 15 FY 16 FY 17 30th Nov 17
Revenue  3.5  3.63 3.78 4.35 1154.25
Net Profit 0.01  0.03  0.01 0.06  40.75


Valuation of Peer Group Companies: (Upto 30th Nov 2017)

Company Name Face Value EPS PE Ratio RoNW NAV
Gautam Gems Limited 10 1.24 29.03 7.18 16.73
Swarnsarita Gems Limited 10 1.90 10.60 1.80 40.40
Sagar Diamonds Ltd 10 2.14 21.0 97.80 10.44


IPO Details:

Details Info
Issue Opens on 24th January 2018
Issue Closes on:. 30th January 2018
Issue Price Rs.36
Face Value Rs.10
Minimum Lot 3000
Minimum Investment Rs.1,08,000
Issue Constitutes 27.07%
Issue Size Rs.7.56 cr
Market Cap Rs.19.76 cr
Listing at BSE SME
Total Equity Shares Offered (Fresh) 21,00,000
Equity Shares Prior to the Issue 33,91,108
Equity Shares after the issue 54,91,108


Important Dates:

Finalization of Basis of Alottment on or Before 2nd February 2018
Initiation of Refunds on or Before 5th February 2018
Credit of Equity Shares: on or Before 5th February 2018
Listing Date: on or Before 7th February 2018


IPO Valuation Parameters: (Upto FY 17)

Earnings Per Share (EPS) Price To Earnings ratio (PE) Return on Net Worth (RoNW) Net Asset Value (NAV)
0.60 60 5.41% 11.10


Markets Guruji Opinion:

IPO View Apply For: Expected listing Gain:
Avoid NA NA


Check IPO Allotment Status:

Karvy Website (Click on below Link)


Company Contact Info:
Gautam Gems Ltd
3rd Floor, Office – 301, Sumukh,
Super Compound, Vasta Devadi Road,
Surat 395004, Gujarat, India
Tel No.: +91 261 25538046
Email Id:


IPO Registrar Info:
Karvy Selenium Tower B, Plot 31-32, Gachibowli,
Financial District, Nanakramguda, Hyderabad 500 032 India
Tel. No.: 1-800-3454001/ +91 40 6716 2222
Fax No.: +91 40 2343 1551
Grievance Email:


Lead Manager to the Issue:
1-2 Bhupen Chambers, Ground Floor, Dalal Street,
Mumbai-400 001
Tel. No.: +91 224050 9999
Fax No.: +91 22 4050 9900
Email: /
Investor Grievance Email: