Atlas Jewellery India Ltd
ATLA

Atlas Jewellery India Ltd (514394)

₹21.351.9%

Key Stats

₹20.2
Day's Price Range
₹21.9
₹19.75
52-Week Price Range
₹58.1
1 Month Return-2.79 %
3 Month Return-10.86 %
1 Year Return-58.76 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 462
EPS
Rank 466
BVPS
Rank 541
Dividend Yield
Rank 185
ROE
Rank 648
Price To Book Ratio
Rank 364
Debt To Asset
Rank 528

Company Information

Atlas Jewellery India Ltd was incorporated on May 31 1989. The Company is engaged in the business of domestic retail and export trade of gold jewellery and other precious metal ornaments. The jewellery has three subsets consisting of gold diamonds and others. It opened two retail showrooms in Mumbai Vashi and Bangalore Phoenix Mall and is doing well in the retail market. During FY 201415 the Board of Directors of Company with approval of shareholders allotted 50000000 equity shares of face value of Rs. 10/ each fully paid up at a price of Rs 20 per equity share inclusive of a share premium of Rs. 10 per equity share to M. M. Ramachandran a Promoter Group of the Company on preferential allotment basis. Subsequent to said allotment the paid up capital of the Company increased to Rs. 100654533 and shareholding of promoter group increased to 51.30.The Promoters M.M. Ramachandran and ATLAS Jewellery Private Ltd have been facing significant liquidity issues in the year under review. The promoter himself is in judicial custody for alleged default in repaying bank borrowings. During FY16 ATLAS Jewellery Private Limited is facing financial difficulties and its lender South Indian Bank has filed an application before the Debts Recovery Tribunal DRT for the realization of their dues. South Indian Bank in their application before DRT has also sought to take possession of the entire shareholding of the Promoter in ATLAS Jewellery India Ltd AJIL in FY2016.The Jaipur Stock Exchange Delhi Stock Exchange and Ahmedabad Stock Exchange were derecognized by SEBI w.e.f. March 23 2015 January 23 2017 and April 02 2018 respectively.
OrganisationAtlas Jewellery India Ltd
HeadquartersNew Delhi
IndustryDiamond, Gems and Jewellery