Experienced Promoters and Management Team.
Diversified Product Portfolio.
Customization as per Customer Needs.
Leveraging the Experience of our Promoter.
Well established relationship with our artisans.
Commitment to quality and hallmarked jewellery assurance.
We are dependent on our suppliers for uninterrupted supply of Raw-Materials. Any shortfall in the supply of our raw
materials, or an increase in our raw material costs and other input costs, may adversely affect the pricing and supply of
our products with subsequently having an adverse effect on the business, results of operations and financial conditions
of our company.
Our business depends on our ability to maintain relationships with existing customers and attract new customers. Loss of
relationship with any of these customers or a significant reduction in purchases by any one or more such customers could
adversely affect our financial performance.
We generate our major portion of sales from our operations in certain geographical regions especially, Chandigarh. Any
adverse developments affecting our operations in these regions could have an adverse impact on our revenue and results
of operations.
A significant portion of our revenue has historically been generated from the sale of Solitaire and Diamond Jewellery.
Any reduction in demand for this product category could adversely affect our business, financial condition and results of
operations.
Our substantial inventory levels and prolonged inventory holding periods may adversely affect our working capital
requirements, cash flows and profitability.
Our Company did not have BIS registration for its sales outlet for a certain period, and any adverse action in this regard
may affect our business, reputation and results of operations.
Certain delays, discrepancies and Omissions have been detected in our statutory records, as well as in records related to
the submission of returns to the concerned Registrar of Companies.
There are certain discrepancies and non-compliances noticed in filing of returns and deposit of statutory dues with the
taxation and other statutory authorities in the past. Any delay in payment of statutory dues by our Company in future, may
result in the imposition of penalties, which could adversely impact our financials.
Any fluctuation in the prices or availability of diamonds, gold and other precious materials may adversely affect our
business, financial condition and results of operations.
We have experienced negative cash flows from Operating and investing activities in the past.
