National News
Experience World-Class Jewellery at Joyalukkas Anantapur Showroom
Joyalukkas, the world’s favourite jeweller, marked a significant milestone in its expansion journey with the grand inauguration of its second showroom in Anantapur on 11th April 2025. The opening celebration was inaugurated by Ms. Palle Sindhura Reddy (MLA-Puttaparthi) in the presence of Mr. Joy Alukkas (CMD, Joyalukkas Group), Mr. Antony Jos (Executive Director, Joyalukkas), Mr. Thomas Mathew (Executive Director, Joyalukkas), Mr. Henry George (COO, Joyalukkas) and our esteemed customers along with other dignitaries.
The new showroom boasts international standard decor, expansive facilities and a commitment to delivering incomparable customer service, in addition to hosting an impressive array of award-winning multi-brand jewellery collections meticulously curated for discerning tastes. Shoppers are taking home an assured free gift with every purchase, adding to the magic of the joyous occasion.
From traditional to contemporary styles, Joyalukkas caters to every occasion and preference. Brands showcased include Anugraha Temple Jewellery, Pride Diamonds, Eleganza Polki Diamonds, Yuva Everyday Jewellery, Apurva Antique Collection and Ratna Precious Stone Jewellery. Furthermore, the latest designs of 2025 in gold and diamonds are also showcased, which are sure to be an irresistible draw to all jewellery enthusiasts.
Joy Alukkas, Chairman and MD of Joyalukkas Group, expressed his thoughts on the new opening “We are delighted to open our latest showroom in Anantapur. This expansion allows us to bring our world-class jewellery and exceptional service closer to our valued customers. Each new showroom is a step towards our vision of ornamenting the world, made possible by the unwavering support of our loyal customers. We warmly invite everyone to visit and experience the joy of jewellery shopping at Joyalukkas.”
The Anantapur showroom is now open to the public, inviting everyone to experience the brilliance and grandeur that Joyalukkas is renowned for. Visit us today and indulge in the finest jewellery selections with the promise of superior service and unmatched quality.
National News
Deepa Jewellers IPO GMP Today: Grey Market Hints 16% Listing Gain
Grey Market Premium (GMP) Currently Trading At +₹28 Per Share. This Points Toward An Estimated Listing Price Of ₹205 On The Upper Band
The initial public offering (IPO) of Deepa Jewellers is set to close for subscription today, September 3, following a three-day bidding window that opened on September 1.
Offered in a price band of Rs 168 to Rs 177 per equity share with a face value of Rs 2, the issue required a minimum lot size of 84 shares. The company structured its allocation quota to reserve up to 50% for Qualified Institutional Buyers (QIBs), at least 35% for retail investors, and a minimum of 15% for Non-Institutional Investors (NIIs).
Grey market trends indicate high investor appetite, with the Grey Market Premium (GMP) currently trading at +Rs 28 per share. This points toward an estimated listing price of Rs 205 on the upper band, representing a potential gain of approximately 15.82%. Over the past nine sessions, the GMP has shown consistent upward momentum, reaching peak levels of up to Rs 55.
Following the close of the issue today, the allotment process is expected to be finalized on Friday, September 4. Unsuccessful bidders will see refunds initiated on Monday, September 7, coinciding with the credit of shares to the demat accounts of successful allottees.
Deepa Jewellers is slated to make its official trading debut on both the BSE and NSE on Tuesday, September 8.
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National News27 minutes agoDeepa Jewellers IPO GMP Today: Grey Market Hints 16% Listing Gain
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