| Category | Min Lots | Shares | Amount |
|---|---|---|---|
| Retail (sNII) | 1 | 3,000 | ₹1,35,000 |
| HNI / NII | 2 | 6,000 | ₹2,70,000 |
| Category | Sub (×) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII / HNI (Total) | — | 3,84,000 (47.41%) | — | ₹172.80 Cr |
| Retail Investors | — | 3,84,000 (47.41%) | — | ₹172.80 Cr |
| Total ** | — | 8,10,000 (100.00%) | — | ₹3,645.00 Cr |
| Market Maker * | — | 42,000 (5.19%) | — | ₹1.89 Cr |
| Metric | 31-Mar-19 | 31-Mar-18 |
|---|---|---|
| Revenue | 709.22 | 476.29 |
| PAT | 30.04 | 3.88 |
| EBITDA | — | — |
| Net Worth | — | — |
| Total Assets | 357.93 | 205.41 |
| Reserves | — | — |
| Borrowings | — | — |
Incorporated in 2017, Mumbai-based Parshva Enterprises Limited is engaged in trading and wholesale business of cut & polished diamonds and gold jewellery. They buy and sell diamonds of different categories depending on fancy colour, size, shape and cut (princess-cut, heart-cut, etc.).
The price of the diamond is decided based on the size and cut evaluation like poorly cut diamonds are sold at cheaper price whereas well-cut are at a premium price. They deal with natural diamonds and some of the diamonds are GIA certified as well. The company sells out diamonds to domestic clients only.
In gold jewellery, Parshva Enterprises sells out gold necklaces, bangles, earrings, pendants, chains, and earrings which can be non-studded or studded with stones, diamonds, and pearls.
Apart from this, the company also invest in real estate properties in Gujarat and Mumbai area and sells them for the trading gains. They are also involved in real estate broking business to deal with apartments and properties.
The competitive strengths of the company are:
1. Multiple product range
2. Good quality products
3. Market-specific products