Swarnsarita Gems Ltd

 Swarnsarita Gems Ltd. is a renowned Manufacturer, Wholesaler of high-end Gold Jewellery and Diamond Jewellery. Backed by a team of highly experienced individuals Swarnsarita Gems Ltd. has customers pan India & abroad. The Chairman & Managing Director of the company Mr Mahendra M Chordia has more than 20 years of experience in the field of Jewellery manufacturing & he has a strong goodwill and presence in the market. Swarnasarita Gems Ltd. is listed on the Bombay Stock exchange as a result of the takeover of Shyam Star Gems Ltd. an existing profit-making company.

Swarnsarita Gems Ltd. is renowned Gold Jewellery and Diamond Jewellery engaged in manufacturing, Exports- Imports, Wholesale and Retail marketing of jewellery. Our strong network of supply chain backed by immense support services is capable of offering competitive prices and timely delivery at all times.
We take great pride in our work and guarantee that you will appreciate the piece as much as we have enjoyed making it.
With over two decades of experience in the jewellery making industry, specializing in gold jewellery and diamond jewellery, you are sure to find the perfect jewellery. Our devotion towards customer satisfaction and commitment to quality has helped us achieve more than two decades of success and hope to see many more to come.
All our products are hallmarked in the, which is your guarantee of the gold's and diamond's quality.

 Reputed clientele Owing to the industry experience of the promoters and a dedicated design team, SGL has been able to have long term relations with large jewellery retailers such as Malabar Gold, Kalyan Jewellers, Joyalukkas, Tribhovandas Bhimji Zaveri and GRT Jewellers. The company also exports jewellery to Dubai and UK. 

It has branches in Kolkata, Ahmedabad Bangalore and Delhi with manufacturing facilities at Ghatkopar, Mumbai.

• Exposure in real estate 

SGL has a wholly-owned subsidiary named Swarnsarita Realty Private Limited (SRPL) engaged in real estate investment. SGL had an investment as on 31 March 2019, of Rs.20.95 crore in SRPL 



Rec price: Rs.14.3

Reason: 

  1. Turnover Rs 400 cr +          
  2. Recent DEC -2020 Qtr sales doubled 
  3. Market cap below Rs.25 cr 
  4. Promoters increasing stake consistently from 44.82 in Dec0219 to 50.19 in Mar 2021
     Negative: higher debt of Rs 100 cr










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