The company was originally incorporated in Kolkata as Shree Ganesh Jewellery House Private Limited on August 30, 2002. The status of the Company was changed to a public limited company and the name was changed to 'Shree Ganesh Jewellery House Limited' pursuant to a fresh certificate of incorporation issued by the RoC, West Bengal on August 14, 2007.
It is one of the largest manufacturers and exporters of handcrafted gold jewellery in India. Its products include handcrafted and hallmarked gold jewellery, gold enameled jewellery and gold jewellery studded with precious stones such as diamonds, rubies, emeralds, sapphires, pearls, etc. and semi-precious stones such as garnet, cubic zirconium, etc.
Company’s promoters’ family has been in the business of whole-selling and marketing of jewellery since the 1950s. The Promoters joined the family business in 1992 and incorporated a partnership firm “Shree Ganesh Jewellers” which was engaged in the business of marketing and export of gold jewellery. In April 2003 the Company purchased the existing business of Shree Ganesh Jewellers. It expanded its business by setting up two more units at Manikancan SEZ over the next four years. It predominantly exports its manufactured products which constitute more than 95% of the Company’s total revenues with the balance revenue attributable towards job-working and domestic retailing.
The company’s products are primarily exported to countries such as the U.A.E, Singapore and Hong Kong and it has recorded a consistent and steady growth in its exports.
It has three manufacturing units, located in Manikanchan SEZ at West Bengal, which is presently the only jewellery SEZ in West Bengal. The company set up its first unit at Manikanchan SEZ in 2004 with a capacity of 500 kgs of gold jewellery per year. It has set up two additional units at Manikanchan SEZ.
Product range of the company:
The portfolio of products includes rings, earrings, pendants, bracelets, necklaces, bangles and medallions. Its products have presence across different price points to cater to all customers across high-end, mid-market and value market segments which are designed by a team of creative designers which allows it to manage a large and diverse portfolio of designs.