Issue Price: Rs. 225 - Rs. 230 Per Equity Share

Issue Detail:
»» Issue Open: Nov 21, 2012 - Nov 23, 2012
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 7,977,778 Equity Shares of Rs. 10
»» Issue Size: Rs. 179.50 - 183.49 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Market Lot: 50 Shares
»» Minimum Order Quantity: 50 Shares
»» Listing At: BSE, NSE

Incorporated in 2001, Tara Jewels Limited is engaged in the business of jewellery manufacturing, export and retailing. Tara Jewels is among the top India based Jewel exporter to global markets. The products of Tara Jewels include fashion, bridal and handmade bespoke jewellery.

Tara Jewels has 4 manufacturing units; 3 in India and 1 in China. Company has over 1800 employees. Company produced 4753.25 kgs of jewellery in fiscal year 2011.

Company's business is mainly divided into 3 operations; manufacturing, exporting and retailing jewellery. Company's product includes gold, platinum, honeydium, and silver jewellery with or without studded precious and semi-precious stones.

Company Promoters:
Mr. Rajeev Sheth is the promoter of Tara Jewels Limited. He is the chairman and managing Director of the company. Mr. Sheth has approximately 31 years of experience in the jewellery business.

Objects of the Issue:
The objects of the IPO are to
1. Meet the expenses of establishing retail stores; and
2. Repay or pre-pay loans.