Nanavati Ventures LtdBOM 543522 Stock Report

Nanavati Ventures Ltd. engages in trading of diamonds majorly in Surat, Gujarat. The company is headquartered in Navsari, Gujarat. The company went IPO on 2022-05-06. The firm is engaged in the business of trading in diamonds, precious metals, stones and jewelry. The company procures the rough and unpolished diamonds in several categories, colors, cuts, sizes and shapes from the suppliers. The Company’s operations include sourcing of polished and uncut diamonds from primary and secondary source suppliers in the domestic market and sale of diamonds to the retail and wholesale operations in Gujarat. The firm primarily sells diamonds to a customer base spread across domestic markets that includes various jewelry manufacturers, large department store chains, retail stores and wholesalers. The firm offers both direct and indirect channels of sales for selling and marketing its products.