Latest GQR - Shree Ganesh Jewellery House Ltd.

QUARTERLY REVIEW ISSUE 1
Great moments are born from
great opportunity and that’s what
we have at Shree Ganesh, a
company that has been growing
from strength to strength in the
past few years.
To achieve our goals we have to
work as a perfectly balanced team!
We must focus on overcoming
hurdles and coming out on top
as a company that propagates
excellence!
You will be happy to know that our
new state of the art 100,000 square
feet manufacturing unit in
Domjur is now fully operational.
In fact, this will be the largest
integrated jewellery manufacturing
unit in the world comprising an
in-house refinery along with
manufacturing facilities of Italian
hollow chains and bangles.
Recently, we have also launched an
exclusive and sophisticated line of
silver jewellery called “Just4You”,
ideal for gifting purposes.
At Shree Ganesh our vision is to be
unique and a source of great pride
amid international competition.
Nilesh Parekh
Chairman
As Walt Disney once stated,
“All our dreams can come true if
we have the courage to pursue
them”. I firmly believe we can scale
great heights if we meticulously
follow our company’s vision,
mission and goals.
We are happy to announce that
we are expanding our business in
Dubai, where we have started a
manufacturing unit with 70
artisans so far.
We are also spreading our retail
presence in the UAE through
buying several outlets in Dubai
and Abu Dhabi –
and as part of our
diversification
plans, so far,
we have set up a
refinery plant
in UAE.
Arriving at one
achievement, is
the starting point
to another. Hence our foresight is
to excel competition and be a
global brand!
The annual results have thrown
light upon a few essential components of our business- the fact that
there is a bright future awaiting our
investors and associates. Our
current figures have made us
confident and optimistic about our
business and commerce. We have
year on year produced results
which will be a matter of envy for
all and a great sense of achievement
for all of us at SGJHL.
We are also delighted about the
fact that SGJHL is on an expansion mode and has initiated
business in several sectors. We are
confident of making a mark in all
our core and subsidiary businesses
on a pan India basis.
Umesh Parekh Managing Director
Ashok P. Sahni
Chief Financial Officer
Shree Ganesh Jewellery House Ltd was awarded
outstanding export performance by GJEPC in
the category titled, “Plain Precious Metal Jewellery
Exports from Units by EOU/EPZ 2011-12 & Studded
Precious Metal Jewellery Exports from Units by
EOU/EPZ 2011-12.” The event was held at New Delhi
on October 8, where Mr Nilesh Parekh received the
award from the Hon’ble Minister of State-Industries
and Commerce, Shri Jyotiraditya Scindia.
GAJA unveils
majestic
flagship store
in Mumbai
GAJA launched its spectacular flagship store at Nariman Point, South Mumbai,
in January. Targeting the mega city’s glitterati and the upwardly mobile, the
store offers its clients a fabulous range of jewellery collection namely GAJA
Heritage, GAJA Diamonds, GAJA for Men and GAJA by Sunita Shekhawat
designed intricately and exclusively for the store. The highlight of the launch
event was Bollywood diva Nargis Fakhiri, who mesmerized the guests with
dazzling GAJA adornments.
GAJA dazzles Mumbai suburbs!
GAJA introduces
UP to breath taking
jewels of Bengal!
GAJA launched its second luxury store
at Borivali, Mumbai, in May.
The sprawling 1200 sq. ft. outlet offers
the city’s suburban customers a
spectacular range of traditional and
contemporary designs including bridal
wear handcrafted in gold and
diamond, intricately created by highly
skilled craftsmen of Bengal. The store
also houses trendy and vibrant designs
of fusion jewellery along with more
than 200 sets of Kundan, Jadau,
Filigree & Polki Chakri sets at
affordable prices.
Speaking to guests at the inauguration,
the Chairman, SGJHL,
Mr. Nilesh Parekh, said, “GAJA
Nariman point was launched with a
different offering targeting the high
end consumer segment where as GAJA
Borivali is aimed at the mid consumer
segment, capturing the potential
present in both.”
On a nation-wide retail expansion
spree, GAJA launched its stateof-the-art 600 sq. ft. outlet in
Gaziabad in April. Setting foot in
Uttar Pradesh, this exclusive store
offers an exquisite range of ethnic
jewellery from Bengal, crafted in
gold, diamond and precious,
semi-precious gemstones.
The store also showcases more
than 200 sets of original Kundan
Jadau & Polki Chakrias along
with a range of light weight
jewellery collection called GAJA
Lites. Trendy and chic, this
modern collection is styled for
professional women.
GAJA and
Dev rNil
mesmerize
Kolkatans
GAJAspectacle
atGJEPC
SignatureIIJS
2012
GAJA was proud to exhibit some of
its finest gold and diamond jewellery
creations at the fifth edition of
GJEPC's Signature IIJS 2012, held at
Bombay Convention & Exhibition
Centre (NSE Complex) in January.
The exhibition showcased the world's
finest of jewellery across 22,000 sq.
metres of exhibition space, with a
participation of over 10,000 visitors,
800 booths and 450 exhibitors.
Dev r Nil, joined hands in January to celebrate their brand’s seventh
anniversary and marked the occasion by launching the Spring -Summer 2012
line at the first ever solo show in Kolkata! The mega fashion bonanza was
held at the Russell Exchange Auction House, a historic venue with its treasure
trove of iconic collectibles.
The event paid an amazing tribute to the yester years of Bengal - the
highlight of the evening was the showcasing of exclusive ethnic drapes of
traditional karigari complemented with antique gold and polki jewellery
from GAJA.
Dev r Nil’s brand ambassador, June Malliah, accompanied by show stoppers
like Noyonika Chatterjee, Shonal Rawat, Deepti Gujral, Rachel Bayros, and
Surelee Joseph helped to make the celebrations a grand success! Local talents
like Neeraj Surana, Sanjukta and Satarupa also walked the ramp.
The show was applauded by Kolkata’s leading entertainment, fashion and
intellectual glitterati.
Shree Ganesh diversifies to generate solar energy!
GAJA franchise stores unveiled!
Under its flagship brand Shree Ganesh, GAJA has initiated its franchise operations pan India with the opening of its stores at Ghaziabad in Delhi-NCR,
Ludhiana in Punjab and Borivali in Maharashtra.
Yet another feather on the cap for
Shree Ganesh Jewellery House Ltd
(SGJHL)! The company diversified its business in April by starting
a venture to generate solar power
along with Alex Group of Companies at the Gujarat Solar Park Asia’s largest single location
installation plant with a capacity to
GAJA
takes
Bollywood
by storm!
Celebrated music
director, Bappi
Lahiri’s daughter in
law, Tanisha Verma
(married to Bappa
Lahiri), wore some
exquisite GAJA
Heritage jewellery
at her wedding
reception which
was attended by all
the who’s who of
the tinsel town!
generate more than 200 mega
watts of power.
The project commenced production through a 25 mega watt plant
with an investment of Rs 400
crore. Alex Group of Companies is
also looking at scaling up the solar
energy business, targeting 500
megawatts in three years
with a ballpark investment of Rs
5,000 crore.
Nilesh Parekh, Chairman, SGJHL
and Group chairman, Alex Group
of Companies has said, “This is our
entry into a new generation of
renewable energy. The company
will be professionally run by
experts and has already started
competing aggressively for projects
across states.”