Palm Jewels Limited
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Palm jewels limited is a Gujarat based company involved in the wholesaling of gold jewelry. It outsources the manufacturing of the jewelry through job workers based in Ahmedabad and Mumbai Palm jewels has around 11 employees on its payroll to serve its clients.
Date of Incorporation : The company was incorporated in 2005 in Gujarat
Promoters of Palm Jewels Limited: Mr. Rohit D. Shah and Mr. Chetna R. Shah are the promoters of the company
Products and services: Company basically sells gold and silver based jewellery items like chains, bracelets, and necklaces.
Customer segments: The company directly approaches to other jewelry stores to sell its products with the help of marketing and sales team. The company covers the Gujarat territory through B2B marketing approach.
Objective of the Issue: The Objects of the Issue are-
- To meet the working capital requirement; and
- To meet the expenses of the Issue
Company Financials:
Particulars |
For the year/period ended (in Rs. Lakhs) |
|||||
31-Mar-17 |
31-Mar-16 |
31-Mar-15 |
31-Mar-14 |
31-Mar-13 |
||
Total Assets |
163.08 |
36.62 |
35.93 |
34.87 |
33.54 |
|
Total Revenue |
552.38 |
157.48 |
97.91 |
41.63 |
118.89 |
|
Profit After Tax |
1.54 |
0.53 |
(0.35) |
0.19 |
0.14 |