Friday, November 8, 2024

jewellers

PN Gadgil Jewellers raises INR 330 Cr from anchor investors ahead of IPO

LATEST
PN Gadgil Jewellers has secured INR 330 crore from anchor investors by issuing 68.74 lakh shares to 25 anchor investors ahead of the issue's opening on Tuesday. The shares were allocated at the upper end of the...

Kalyan Jewellers’ promoters to raise INR 2,500-crore debt to boost equity stake

News
Kalyan Jewellers India's promoter, Trikkur Sitarama Iyer Kalyanaraman, along with the promoter group, is in talks with Motilal Oswal and 360 One to secure INR 2,000-2,500 crore in high-yield debt, according to sources. This funding is...

India sees surge in diamond purchases as prices for solitaires drop

News
Indians are increasingly buying diamonds, spurred by a drop in solitaire prices since last Diwali. Jewellers are optimistic about strong sales of solitaires in...

PE firm Warburg Pincus offloads 6.45% stake in Kalyan Jewellers for INR 3,584 Cr

News
Private equity giant Warburg Pincus has divested a 6.45% stake in jewellery retailer Kalyan Jewellers for INR 3,584 crore through open market transactions. Meanwhile,...

Gold sales surge 50% this Rakshabandhan as import duty cut lowers prices

News
Indian consumers have purchased more gold this Rakshabandhan, drawn by the reduced domestic prices following the budget's import duty cut. ͏͏A p͏reli͏minar͏y ind͏ustr͏y ev͏al͏uat͏i͏on indi͏cates...

Jewellery stores report uptick in sales as gold prices decrease by 4.5%

News
A drop of 4.5% in gold prices over three weeks, from a peak of INR 74,222 per 10 gm, has invigorated consumer confidence. Mumbai's...

Jewellers anticipate significant surge in gold sales this Akshaya Tritiya as prices dip; expect over 30% growth

News
This Akshaya Tritiya, jewellers are anticipating a boost in sales as gold prices have slightly decreased compared to last month. Despite a 20% decrease...

Recent articles

Snackfax is a food media company aiming to build a reliable and relatable community of culinary enthusiasts who are passionate about all things ‘food’.

Discover

Know More

Subscribe to our Newsletter!
Subscribe to our Newsletter!

Stay updated on the latest news, trends, and top startups with Snackfax's daily newsletter!

© Snackfax | Snackfax Media & Services Pvt. Ltd.

× Drop a, Hi?