| Basis of Allotment |
| THIS IS A PUBLIC ANNOUNCEMENT FOR INFORMATION PURPOSES ONLY AND IS NOT A PROSPECTUS ANNOUNCEMENT. THIS DOES NOT CONSTITUTE AN INVITATION OR OFFER TO ACQUIRE, PURCHASE OR SUBSCRIBE TO SECURITIES. | |
| THIS PUBLIC ANNOUNCEMENT IS NOT INTENDED FOR PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY OUTSIDE INDIA. | |
![]() |
YAASHVI JEWELLERS PRIVATE LIMITED |
| Corporate Identification Number: U27200RJ2016PLC056519 | |
Our Company was incorporated as "Yaashvi Jewellers Private Limited" under the provisions of the Companies Act, 2013 vide certificate of incorporation dated December 13, 2016 issued by Registrar of Companies/ Central Registration Centre. Subsequently the status of the Company was changed to public limited and the name of our Company was changed to "Yaashvi Jewellers Limited" vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of our Company held on September 12, 2024. The fresh certificate of incorporation consequent to conversion was issued on December 13, 2024, by Central Processing Centre. The Corporate Identification Number of our Company is U27200RJ2016PLC056519. For further details on Incorporation and Registered Office of our Company, see "History and Certain Corporate Matters" beginning on page 157 of the Prospectus.
| Registered Office: Plot No. 486, Nemi Sagar Colony, Vaishali Nagar, Jaipur, Rajasthan, India, 302021. |
| Telephone: +91 9529833397 | Email: investors@yaashvijewellers.com | Website: www.yaashvijewellers.com |
| Contact Person: Mr. Kalu Ram Kumawat, Company Secretary and Compliance Officer |
| THE PROMOTERS OF OUR COMPANY ARE MS. ANKITA AGARWAL AND MR. ANKIT AGGARWAL |
"THE ISSUE IS BEING MADE IN ACCORDANCE WITH CHAPTER IX OF THE SEBI ICDR REGULATIONS (IPO OF SMALL AND MEDIUM ENTERPRISES) AND THE EQUITY SHARES ARE PROPOSED TO BE LISTED ON SME PLATFORM OF BSE (BSE SME)."
| BASIS OF ALLOTMENT |
INITIAL PUBLIC OFFER OF 52,86,400 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH (THE "EQUITY SHARES") OF YAASHVI JEWELLERS LIMITED ("OUR COMPANY" OR "YAASHVI" OR "THE ISSUER") AT AN ISSUE PRICE OF RS. 83/- PER EQUITY SHARE FOR CASH, AGGREGATING TO RS. 4,387.71 LAKHS ("PUBLIC ISSUE"). THE ISSUE INCLUDES A RESERVATION OF 2,67,200 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH, AT AN ISSUE PRICE OF RS. 83/- PER EQUITY SHARE FOR CASH. AGGREGATING RS. 221.78 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY THE MARKET MAKER TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE PUBLIC ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. NET ISSUE OF 50,19,200 EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH. AT AN ISSUE PRICE OF RS. 83/- PER EQUITY SHARE FOR CASH, AGGREGATING UPTO RS. 4,165.94 LAKHS IS HEREIN AFTER REFERRED TO AS THE "NET ISSUE". THE PUBLIC ISSUE AND NET ISSUE WILL CONSTITUTE 30.00% AND 28.48% RESPECTIVELY OF THE POST- ISSUE PAID-UP EQUITY SHARE CAPITAL OF OUR COMPANY.
| ISSUE PRICE: RS. 83/- PER EQUITY SHARE OF FACE VALUE OF RS. 10.00 EACH. |
| THE ISSUE PRICE IS 8.3 TIMES THE FACE VALUE OF THE EQUITY SHARES. |
| ISSUE PROGRAM | ISSUE OPENED ON: MONDAY, MAY 25, 2026 |
| ISSUE CLOSED ON: WEDNESDAY, MAY 27, 2026 |
| Risks to Investors: |
1. Risk to Investors: Top 5 Risk factors:
a) We have certain outstanding litigation against us, an adverse outcome of which may adversely affect our business, reputation and results of operations.
b) We depend on few suppliers for our raw materials required for our operations and we have not entered into any long-term agreements. Any delays, interruptions or reduction in the supply of raw materials to manufacture our products and any abrupt fluctuations in the prices of our raw materials may adversely affect the pricing of our products and may have an impact on our business, results of operation, financial condition and cash flows.
c) We depend on certain customers for a significant portion of our revenues. Also, our Company in the usual course of business does not have any long-term contracts with its customers and we rely on purchase orders for delivery of our products and our customers may cancel or modify their orders, change quantities, delay or change their sourcing strategy. Loss of one or more of our top customers or a reduction in their demand for our products or reduction in revenue derived from them may adversely affect our business, results of operations and financial condition.
d) Our jewellery business faces risks from market volatility and changing customer preferences. Fluctuations in commodity prices like gold and silver could impact our costs and profitability. Our ability to anticipate changes in industry trends to meet customers' demands and any variations in the government regulations/policies or technology upgradation is a significant factor to remain competitive, any failure to identify and understand the trends may materially adversely affect our business.
e) Majority of our revenue from operation is derived from manufacturing of plain gold chains. Any reduction in the sale of plain gold chains, or our inability to manufacture and sell plain gold chains, may have an adverse effect on our business, results of operations, cash flows and financial condition.
2. Our Equity Shares have never been publicly traded and may experience price and volume fluctuations following the completion of the Issue. Further, our Equity Shares may not result in an active or liquid market, and the price of our Equity Shares may be volatile, and you may be unable to resell your Equity Shares at or above the Issue Price or at all.
3. The Merchant Banker associated with the Issue has handled following public issues in the past three years which have closed below the Issue Price on Listing date:
| Name of Lead Manager | Total Issues | Issues that closed below IPO price as on listing date |
| Smart Horizon Capital Advisors Private Limited | 23 | 05 |
| Total | 23 | 05 |
4. The average cost of acquisition of Equity Shares by our Promoters is as follows
| Sr. No. | Name | No of Equity Shares held | Average cost of Acquisition (in Rs.)* |
| Promoters | |||
| 1. | Ms. Ankita Agarwal | 55,07,382 | 1.70 |
| 2. | Mr. Ankit Aggarwal | 61,24,982 | 7.38 |
*As certified by Statutory Auditor of our Company, by way of their certificate dated May 08, 2026.
5. Weighted average cost of acquisition during the 18 months preceding the date of the Prospectus:
| Period | Weighted Average Cost of Acquisition (In Rs.) * | Issue Price is '83.00' times the Weighted Average Cost of Acquisition |
| Weighted average cost of acquisition of primary issuances | Nil | NA |
| Weighted average cost of acquisition for secondary transactions | 58.00 | 1.43 |
*As certified by Statutory Auditor of our Company, by way of their certificate dated May 08, 2026.
The Issue was being made through the Fixed Price process, in terms of Rule 19(2)(b)(i) of the SCRR this Issue is being made for at least 25% of the post-issue paid-up Equity Share capital of our Company. This Issue is being made through Fixed Price process in accordance and compliance with Chapter IX and other applicable provisions of SEBI ICDR Regulations wherein a minimum 50% of the Net Issue is allocated for Individual Investors who applies for minimum application size and the balance shall be offered to individual applicants other than Individual Investors who applies more than minimum application size and other investors including corporate bodies or institutions, QIBs and Non-lnstitutional Investors. However, if the aggregate demand from the Individual Investors is less than 50%, then the balance Equity Shares m that portion will be added to the other than Individual Investors portion offered to the remaining investors including QIBs and Nils and vice-versa subject to valid applications being received from them at or above the Issue Price. Additionally, if the Individual Investors category is entitled to more than 50% on proportionate basis, the Individual Investors shall be allocated that higher percentage. All potential investors shall participate in the Issue only through an Application Supported by Blocked Amount ("ASBA") process including through UPI mode (as applicable) by providing details of the respective bank accounts and / or UPI IDs, in case of UPI Applicants, if applicable, which will be blocked by the Self Certified Syndicate Banks ("SCSBs") for the same. For details in this regard, specific attention is invited to "Issue Procedure" beginning on page 277 of this Prospectus.
The issue was subscribed to the extent of 6.35 times as per the bid books of BSE (the "Bid Files") after removing multiple and duplicate bids.
The issue received 1,978 applications for 2,86,14,400 Equity Shares before technical rejections and after invalid bids Multiple/Duplicate/bids, UPI Mandates not accepted by investors, bids rejected under application banked but bid not registered resulting in 5.41 times subscription (including reserved portion of market maker). The Details of the Applications received from various categories (before technical rejection) are as under:
Detail of the Applications Received:
| Sr. No. | Category | Number of Applications | No. of Equity Shares applied | Equity Shares Reserved as per Prospectus | No. of times Subscribed | Amount (Rs.) |
| 1. | Market Maker | 1 | 2,67,200 | 2,67,200 | 1.00 | 2,21,77,600 |
| 2. | Individual Investors | 1,382 | 44,22,400 | 25,12,000 | 1.76 | 36,70,59,200 |
| 3. | Other than Individual Investors | 595 | 2,39,24,800 | 25,07,200 | 9.54 | 1,98,57,58,400 |
| Total | 1,978 | 2,86,14,400 | 52,86,400 | 5.41 | 2,37,49,95,200 | |
The Basis of Allotment was finalized m consultation with the Designated Stock Exchange - BSE on May 29, 2026.
1. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to Market Maker, who have applied at Issue Price of Rs. 83/- per equity shares or above, was finalized in consultation with BSE. The category was subscribed by 1.00 time i.e., for 2,67,200 shares the total number of shares allotted in this category is 2,67,200 Equity Shares. The category wise details of the Basis of Allotment are as under:
| No. of Shares Applied for (Category wise) | No. of applications received | % to total | Total no. of shares applied in this category | % of total | No. of Equity Shares allocated/ allotted per Applicant | Ratio | Total Number of shares allotted | Surplus / Deficit |
| 2,67,200 | 1 | 100.00 | 2,67,200 | 100.00 | 2,67,200 | 1:1 | 2,67,200 | 0.00 |
| Total | 1 | 100 | 2,67,200 | 100 | 2,67,200 |
2. Allocation to individual investors (After Technical Rejections): The Basis of Allotment to individual investors, who have applied at cut-off Price or at or above the Issue Price of Rs. 83.00 per equity shares, was finalized in consultation with BSE. The category was subscribed, by 1.75 times i.e., for 43,90,400 Equity Shares. Total number of shares allotted in this category is 25,12,000 Equity Shares to 785 successful applicants. The category wise details of the Basis of Allotment are as under:
| No. of Shares Applied for (Category wise) | No. of applications received | % to total | Total no. of shares applied in this category | % of total | Proportionate shares available | No. of Equity Shares allocated/ allotted per Applicant | Ratio | Total Number of shares allotted |
| 3,200 | 1,372 | 100.00 | 43,90,400 | 100.00 | 25,12,000 | 3,200 | 785:1372 | 25,12,000 |
| Total | 100 | 100 |
3. Allocation to Other than Individual Investors (After Technical Rejections): The Basis of Allotment to Other than Individual Investors, who have applied at Issue Price of Rs. 83.00 per equity shares or above, was finalized in consultation with BSE. The category was subscribed by 9.52 times i.e., for 2,38,60,800 shares. The total number of shares allotted in this category is 25,07,200 Equity Shares to 522 successful applicants. The category wise details of the Basis of Allotment are as under:
| Sr. No. | Category | No. of Application Received | % to Total | Total No. of Equity Shares applied | % of Total | No. of Equity Shares Allotted per Applicant | Ratio | Total No. of Equity Shares allotted |
| 1 | 4800 | 438 | 74.24 | 2102400 | 8.81 | 4800 | 387:438 | 1857600 |
| 2 | 6400 | 8 | 1.36 | 51200 | 0.21 | 4800 | 7:8 | 33600 |
| 3 | 9600 | 2 | 0.34 | 19200 | 0.08 | 4800 | 0:0 | 0 |
| 4 | 11200 | 7 | 1.19 | 78400 | 0.33 | 4800 | 6:7 | 28800 |
| 5 | 12800 | 89 | 15.09 | 1139200 | 4.77 | 4800 | 79:89 | 379200 |
| 6 | 20800 | 1 | 0.17 | 20800 | 0.09 | 4800 | 1:1 | 4800 |
| 7 | 30400 | 4 | 0.68 | 121600 | 0.51 | 4800 | 3:4 | 14400 |
| 8 | 32000 | 2 | 0.34 | 64000 | 0.27 | 4800 | 0:0 | 0 |
| 9 | 44800 | 1 | 0.17 | 44800 | 0.19 | 4800 | 1:1 | 4800 |
| 10 | 48000 | 1 | 0.17 | 48000 | 0.20 | 4800 | 1:1 | 4800 |
| 11 | 51200 | 2 | 0.34 | 102400 | 0.43 | 4800 | 0:0 | 0 |
| 12 | 59200 | 3 | 0.51 | 177600 | 0.74 | 4800 | 2:3 | 9600 |
| 13 | 60800 | 1 | 0.17 | 60800 | 0.25 | 4800 | 1:1 | 4800 |
| 14 | 64000 | 2 | 0.34 | 128000 | 0.54 | 4800 | 0:0 | 0 |
| 15 | 73600 | 1 | 0.17 | 73600 | 0.31 | 4800 | 1:1 | 4800 |
| 16 | 80000 | 1 | 0.17 | 80000 | 0.34 | 4800 | 1:1 | 4800 |
| 17 | 102400 | 1 | 0.17 | 102400 | 0.43 | 4800 | 1:1 | 4800 |
| 18 | 105600 | 1 | 0.17 | 105600 | 0.44 | 4800 | 1:1 | 4800 |
| 19 | 113600 | 1 | 0.17 | 113600 | 0.48 | 4800 | 1:1 | 4800 |
| 20 | 120000 | 2 | 0.34 | 240000 | 1.01 | 4800 | 0:0 | 0 |
| 21 | 121600 | 4 | 0.68 | 486400 | 2.04 | 4800 | 3:4 | 14400 |
| 22 | 128000 | 1 | 0.17 | 128000 | 0.54 | 4800 | 1:1 | 4800 |
| 23 | 144000 | 1 | 0.17 | 144000 | 0.60 | 4800 | 1:1 | 4800 |
| 24 | 156800 | 1 | 0.17 | 156800 | 0.66 | 4800 | 1:1 | 4800 |
| 25 | 160000 | 1 | 0.17 | 160000 | 0.67 | 4800 | 1:1 | 4800 |
| 26 | 179200 | 1 | 0.17 | 179200 | 0.75 | 4800 | 1:1 | 4800 |
| 27 | 190400 | 1 | 0.17 | 190400 | 0.80 | 4800 | 1:1 | 4800 |
| 28 | 196800 | 1 | 0.17 | 196800 | 0.82 | 4800 | 1:1 | 4800 |
| 29 | 240000 | 2 | 0.34 | 480000 | 2.01 | 4800 | 0:0 | 0 |
| 30 | 241600 | 1 | 0.17 | 241600 | 1.01 | 4800 | 1:1 | 4800 |
| 31 | 243200 | 1 | 0.17 | 243200 | 1.02 | 4800 | 1:1 | 4800 |
| 32 | 264000 | 1 | 0.17 | 264000 | 1.11 | 4800 | 1:1 | 4800 |
| 33 | 275200 | 1 | 0.17 | 275200 | 1.15 | 4800 | 1:1 | 4800 |
| 34 | 361600 | 1 | 0.17 | 361600 | 1.52 | 4800 | 1:1 | 4800 |
| 35 | 422400 | 1 | 0.17 | 422400 | 1.77 | 4800 | 1:1 | 4800 |
| 36 | 5019200 | 3 | 0.51 | 15057600 | 63.11 | 4800 | 2:3 | 9600 |
| 52,800 shares to be allotted to unsuccessful allottees (Sr. Nos. 3, 8, 11, 14, 20, 29) at 4,800 shares each in the ratio of 11:12 | 11:12 | 52800 | ||||||
| 1,600 Additional share will be allotted to successful allotees from Sr no. 2 to 36 = 1,600 shares in ratio of 1:135 | 1:135 | 1600 | ||||||
| Total | -- | 100.00 | --- | 100.00 | 25,07,200 | |||
The Board of Directors of the Company at its meeting held on May 29, 2026 has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz. BSE and has authorized the corporate action for issue of the Equity Shares to various successful applicants.
The CAN-cum-allotment advices and/or notices will forward to the email id's and address of the Applicants as registered with the depositories / as filled in the application form on or before June 01, 2026. Further, the instructions to Self-Certified Syndicate Banks for unblocking the amount will process on or prior to June 01, 2026. In case the same is not received within ten days, investors may contact at the address given below. The Equity Shares allocated to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is taking steps to get the Equity Shares admitted for trading on the BSE SME within Three working days from the date of the closure of the issue.
| CORRIGENDUM TO THE PROSPECTUS FILED WIRH REGISTRAR OF COMPANIES, JAIPUR ON MAY 19, 2026 |
This Corrigendum is with reference to the Prospectus filed on May 19, 2026. In this regard, please note the following:
1. The name of company shall be read as "YAASHVI JEWELLERS LIMITED" instead of "YAASHVI JEWLLERS LIMITED" on the inside cover page.
2. The Investor grievance e-mail and Website of the Registrar to The Issue shall be interchanged on the inside cover page.
3. Borrowing powers disclosure on page no. 164 of the prospectus shall be read as (Rupees Two Hundred Crores only) in amount disclosed in words.
Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated May 19, 2026 ("Prospectus") filed with Registrar of Companies, Jaipur.
| INVESTORS, PLEASE NOTE |
The details of the allotment made would also be hosted on the website of the Registrar to the issue, BIGSHARE SERVICES PRIVATE LIMITED at www.bigshareonline.com. All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/ Sole applicants, serial number of the Application Form, number of shares applied for and Bank Branch where the application had been lodged and payment details at the address of the Registrar given below:
![]() |
BIGSHARE SERVICES PRIVATE LIMITED | |
| Office No. S6 - 2, 6th Floor Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves, Road, Andheri (East), Mumbai - 400 093. | ||
| Tel. No.: 022 - 6263 8200 | E-mail: ipo@bigshareonline.com | ||
| Investors Grievance e-mail: investor@bigshareonline.com | Website: www.bigshareonline.com | ||
| Contact Person: Mr. Asif Sayyed | SEBI Registration No.: INR000001385 | ||
| For YAASHVI JEWELLERS LIMITED | ||
| On behalf of the Board of Directors | ||
| Sd/- | ||
| Mr. Ankit Aggarwal | ||
| Date: : June 01, 2026 | Designation: Whole Time Director | |
| Place: Jaipur | DIN:06568063 | |
THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF YAASHVI JEWELLERS LIMITED.
Yaashvi Jewellers Limited is proposing, subject to market conditions, public issue of its equity shares and has tiled the Prospectus with the Registrar of Companies, Jaipur. The Prospectus is available on the website of SEBI at www.sebi.gov.in, the website of the Lead Manager at www.shcapl.com website of the BSE at www.bseindia.com and website of Issuer Company at https://yaashvijewellers.com/. Investors should note that investment In Equity Shares involves a high degree of risk, for details, investors shall refer to and rely on the Prospectus including the section titled "Risk Factors" beginning on page 22 of the Prospectus, which has been filed with ROC The Equity Shares have not been and will not be registered under the US Securities Act (the "Securities Act") or any state securities law in United States and may not be Issued or sold within the United States or to, or for the account or benefit of, "U.S. persons" (as defined in the Regulation S under the Securities Act), except pursuant to an exemption from, or in a transaction not subject to the registration requirements of the Securities Act of 1933.
|
|