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.
The company is dependent on its suppliers for uninterrupted supply of Raw-Materials. Any shortfall in the supply of the company's raw
materials, or an increase in its raw material costs and other input costs, may adversely affect the pricing and supply of
the company's products with subsequently having an adverse effect on the business, results of operations and financial conditions
of the company.
The company's business depends on its 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 the company's financial performance.
The company generates its major portion of sales from the company operations in certain geographical regions especially, Chandigarh. Any
adverse developments affecting its operations in these regions could have an adverse impact on the company's revenue and results
of operations.
A significant portion of the company's revenue has historically been generated from the sale of Solitaire and Diamond Jewellery.
Any reduction in demand for this product category could adversely affect its business, financial condition and results of
operations.
The company's substantial inventory levels and prolonged inventory holding periods may adversely affect its working capital
requirements, cash flows and profitability.
The Company did not have BIS registration for its sales outlet for a certain period, and any adverse action in this regard
may affect the company's business, reputation and results of operations.
Certain delays, discrepancies and Omissions have been detected in the company's 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 the Company in future, may
result in the imposition of penalties, which could adversely impact its financials.
Any fluctuation in the prices or availability of diamonds, gold and other precious materials may adversely affect the company's
business, financial condition and results of operations.
The company has experienced negative cash flows from Operating and investing activities in the past.
