Sagar Diamonds Ltd Share Price Live

Sagar Diamonds Limited was originally incorporated as Private Limited Company on July 15, 2015 at Surat, Gujarat and was later on changed to Public Limited Company on July 04, 2017. The Company came up with a Public Issue of 33,81,000 Equity Shares on 26th September, 2017. Sagar Gems, a Proprietory concern was started by Mr. Vaibhav D. Shah. He worked in a local diamond shop where he learned the basics of diamond. Till then, Sagar Gems has established itself in the industry over the time. It deals in rough and polished diamonds, which are procured from, trusted and certified suppliers and provided to recognized buyers. It also carries out manufacturing by procuring rough diamonds, which are then processed by trained and qualified workers on job work basis. The manufacturing activity is carried out at factory unit located in Sachin (S.E.Z), Gujarat. The Company specialize in rings, earrings & necklaces, which are carefully handcrafted by skilled artisans. The Company is engaged in the business of Rough & Polished Diamonds, sale, export and trading of dlamond studded jewellery and gold & silver items. Its product includes rings, chain, mangalsutra, earrings and necklaces, which are carefully handcrafted by skilled artisans. In 2018, the Company purchased business of 'M/s Sagar Gems' through the Business Transfer Agreement executed between the Company and Mr. Vaibhav Dipak Shah, Proprietor of M/s Sagar Gems & 59,21,860 equity shares having face value of Rs. 10/- at Par each were allotted for consideration other than cash to Mr. Vaibhav Dipak Shah. In F.Y 2019-20, Company exported Diamonds and Jewellery to Hong Kong.