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Bharat Diamond Bourse Wins SURAKSHIT MUMBAI AWARD 2025 for Excellence in Security and Safety Leadership

The Bharat Diamond Bourse (BDB), India’s largest and one of the world’s most advanced diamond trading hubs, has been honoured with the SURAKSHIT MUMBAI AWARD 2025 for Best Security & Command Centre in Premises of the Year.

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This prestigious accolade recognizes BDB’s outstanding commitment to security, technological innovation, and emergency preparedness.

The award was presented during a distinguished ceremony at The Westin, Powai, organized by SymX, PSP, and the ASIS Mumbai Chapter. The event celebrated institutions across Mumbai that have demonstrated excellence in safety standards, crisis management, and innovation in security infrastructure.

BDB’s Department of Security & Fire Safety received special recognition for its robust command centre operations and proactive approach to safety management. Representing BDB at the event were Shri Shirish Inamdar Ji, Mr. Samir Jha, Mr. Mahesh Kaloni, and Mr. Ramesh Khodke.

The award was conferred by Shri Santosh Bahadur Singh, Commandant of the National Disaster Response Force (NDRF), in the presence of an esteemed gathering of government officials, security professionals, and industry leaders.

Key dignitaries at the event included Mr. Harjinder Kang, British Deputy High Commissioner (Chief Guest), along with Guests of Honour such as Mr. Shyam Jagannathan (Director General Shipping), Mr. D. Sivanandhan (Former DGP, Maharashtra), Mr. Brijesh Singh (Principal Secretary), and Mr. Vishwas Nangre Patil (ADG, Anti-Corruption).

This recognition adds to BDB’s long-standing history of national and state-level accolades and carries special meaning as a hometown honour. It reinforces BDB’s leadership in integrating best-in-class technology, operational discipline, and safety protocols into its infrastructure.

The SURAKSHIT MUMBAI AWARD 2025 stands as a significant milestone in BDB’s journey toward ensuring a secure, resilient, and world-class business environment for the diamond trade community.

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National News

Deepa Jewellers Lists At Rs 221, A 25% Premium

The Offer Was Subscribed 42.61 Times, Led By Non-Institutional Investors (105.96x), Qualified Institutional Buyers (37x), and Retail Investors (18.55x)

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Shares of Hyderabad-based Deepa Jewellers made a strong stock market debut on Sept. 8, listing at a nearly 25% premium to their issue price following high demand for its Rs 459.72-crore ($55 million) initial public offering.

The stock opened at Rs 221 on the National Stock Exchange (NSE) and Rs 221.05 on the BSE, compared to the offer price of Rs 177.

Oversubscribed: The offer was subscribed 42.61 times, led by non-institutional investors (105.96x), qualified institutional buyers (37x), and retail investors (18.55x).

Capital Deployment: Proceeds from the Rs 250-crore fresh issue component will primarily fund long-term working capital (Rs 215 crore) to scale inventory. The IPO also included an offer for sale worth Rs 209.72 crore.

Financials: The B2B 22-carat gold jewellery supplier reported FY26 revenue of Rs 1,926.68 crore, up from Rs 1,397.01 crore in FY25. Net profit surged 158% year-on-year to Rs 104.79 crore.

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