Bhakti Gems & Jewellery Ltd

Bhakti Gems Jewellery Limited was incorporated in March 30, 2010. The Company is engaged in the wholesale business of gold jewellery ornaments in Ahmedabad . The Company essentially sell gold based chains, bracelets and necklaces. It outsources the manufacturing of jewellery through job workers based in Ahmedabad and Mumbai.The Companys major raw material used for making products is gold and silver. The Company procure gold and silver majorly through the bullion market and partially from the local markets in Ahmedabad. Gold bars and other necessary material are provided to the job workers who are based either in Ahmedabad and Mumbai. However, no formal agreement has been executed with either of these job workers. The finished jewellery is sold by Companys marketing and sales team directly to other jewellery stores. The jewellery is widely sold throughout Gujarat only through B2B marketing and / or direct / outbound marketing strategy.The Company is a customercentric. The prime focus is to attain the utmost client satisfaction by offering them quality assured products. Moreover, its ethical trade practices, transparent business dealings and timely delivery of products helps in maintaining cordial relations with the customers. The Company strives at all times to provide products that offer customers the designs with superior finish and quality.During the year 2020, the company allotted 13,07,785 fully paid up Equity shares as bonus shares. The paidup equity share capital as on 31 March 2020 stood at Rs. 10,02,63,450.