NSE & BSE | Bookbuilding IPO | Face Value: ₹10.00 | Issue Price: ₹386.00
Lot Size: 32.00 | Sale Type: Fresh Capital
The company offers a wide range of products, including rings, earrings, necklaces, pendants, solitaires, bangles, bracelets, mangalsutra, nose rings, and chains to cater to diverse customer segments and occasions. As of September 30, 2025, it has 13 distinct jewellery collections, includes in-house design team and curated selections from our third-party manufacturers and Karigars.
As on the date of RHP, the company had 34 Stores across 25 cities in the states of Maharashtra, Gujarat, and Karnataka, aggregating across an area of 647.15 Running Feet.
Its stores are operated under Franchise owned and company operated (FOCO), franchise owned and franchise operated (“FOFO”), and company owned and company operated (“COCO”) model.
Competitive Strengths:
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 352.70 | 226.84 | 158.33 |
| Revenue | 157.12 | 259.11 | 196.24 |
| Profit After Tax | 20.13 | 59.47 | 42.41 |
| EBITDA | 30.79 | 7.96 | 5.61 |
| Net Worth | 120.31 | 100.19 | -28.50 |
| Reserves | 98.44 | 95.33 | -37.64 |
| Borrowing | 130.25 | 90.65 |
Amount in ₹ Crore