Simandhar Impex Limited
BBSE:SIMANDHAR122.50
INR
-7.70
(-5.91%)
Simandhar Impex Limited
BSE:SIMANDHAR
(Bombay Stock Exchange)
Recent
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122.50
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ROIC.AI
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- Business
- Simandhar Impex Limited is an India-based company engaged in the wholesale and retail trading of precious metals, bullion, gemstones, and jewellery. The company operates across multiple core product and service lines, offering jewellery products; comprising studded and non-studded gold, silver, and platinum jewellery, including chains, bangles, necklaces, pendants, bracelets, rings, and earrings embellished with diamonds, pearls, and semi-precious stones; bullion and precious metals; including gold, silver, and platinum ingots and bars; art and metalware; encompassing bronze items, silver-plated articles, and decorative artifacts; and commercial intermediary services; acting as a carrying and forwarding (C&F) agent, shipper, commission agent, indenting agent, and representative dealer for jewellery fabricators, distributors, and retailers across the domestic market. Incorporated in 2023, the company is headquartered in Mumbai, Maharashtra, India, and operates as a subsidiary of Farmico International Private Limited. Simandhar Impex Limited was established following the demerger of the jewellery business undertaking from Parshva Enterprises Limited under a National Company Law Tribunal-approved Scheme of Arrangement, with its equity shares subsequently listing on the BSE in December 2025. In 2026, Farmico International Private Limited acquired a 74.64% majority controlling stake in the company pursuant to a share purchase agreement, resulting in a transition in corporate governance and management control, accompanied by a strategic expansion of the company's operational scope into manufacturing, logistics, and holding company structures.