Kalyan Jewellers Restructures Candere Funding With Rs 350 Crore Equity Infusion
Kalyan Jewellers has converted Rs 350 crore of funding extended to Candere into equity through a rights issue, as the online-led jewellery business continues to expand its retail footprint.
Deepa Jewellers Makes Strong Market Debut, Lists at 25% Premium
Deepa Jewellers’ strong listing reflects robust investor appetite for organised jewellery businesses.
M K Sons Fine Jewels Gets SEBI Nod for IPO, Plans Retail Expansion
The proposed issue comprises a fresh issue of up to 1.36 crore shares and an offer for sale of up to 34 lakh shares, with proceeds earmarked for showroom expansion and debt repayment.
Goldman Sachs Sees Gold Rally Resuming, Calls USD 4,000 A Key Floor
Goldman Sachs’ Tony Kim expects gold’s current pause to give way to fresh highs, with sustained central-bank buying providing strong structural support for prices.
Kataria Jewellers Files DRHP for INR 160 Crore IPO
Madhya Pradesh-based Kataria Jewellers has filed its DRHP with SEBI for an IPO comprising 16 million fresh equity shares, with proceeds earmarked for stores, debt repayment and corporate purposes.
Deepa Jewellers Sets IPO Price Band at INR 168-177
Deepa Jewellers will open its maiden IPO on September 1, offering fresh shares and an offer-for-sale to fund working capital, inventory and corporate requirements.
Old Gold Sales Rise as Prices Cross INR 1.6 Lakh
Rising gold prices are prompting Indian consumers to sell old jewellery for cash, while organised jewellers expand cash-for-gold programmes to increase recycled gold supply.
Lalithaa Jewellery Mart Shares List at 32% Premium
Lalithaa Jewellery Mart made its stock-market debut on August 24, with shares listing at a premium on BSE and NSE after strong demand for its ?1,700-crore IPO.
Gold Rally Continues as High Prices Weigh on Indian Jewellery Demand
Gold rose to a more than three-month high on 21 August, supported by a weaker US dollar and technical momentum, while high prices continued to weigh on Indian retail demand.gold prices, gold jewellery, Indian retail demand, bullion market, gold rally, jewellery industry, silver prices, precious metals, gold buying, jewellery retailers
Ekatra Jewels Raises Rs 10 Crore, Valuation Reaches Rs 100 Crore
Ekatra Jewels has raised Rs 10 crore from strategic investors within 100 days of launch, taking its valuation to Rs 100 crore to support expansion and product development.
Lalithaa Jewellery Mart IPO Subscribed 69% on Day 1
Lalithaa Jewellery Mart Limited's IPO received 0.69 times subscription on August 17 in Mumbai, with strong anchor investor participation ahead of the issue's August 19 closing.
IIG marks 32nd convocation with 150 graduates
International Institute of Gemology held its 32nd convocation in Mumbai, recognising 150 graduates across gemology, diamonds, jewellery design, manufacturing and retail disciplines.
Aukera raises Rs 90 crore to expand laboratory-grown diamond jewellery business
Bengaluru-based laboratory-grown diamond jewellery brand Aukera has secured Rs 90 crore in debt funding led by Alteria Capital to support retail expansion, product development, omnichannel growth and hiring across India.
Limelight Lab Grown Diamonds Raises Rs 275 Crore to Fund Manufacturing and Retail Expansion
Limelight Lab Grown Diamonds has raised Rs 275 crore through a promoter-led funding round to strengthen manufacturing, expand retail operations across India, and scale its vertically integrated business model.
GJEPC Urges RBI to Ease Banking Norms for Gem and Jewellery Exporters
The Gem & Jewellery Export Promotion Council has sought regulatory relief from the Reserve Bank of India, citing liquidity constraints, extended payment cycles and financing challenges affecting India’s export-oriented gem and jewellery sector.
