National News
Gargi by P. N. Gadgil & Sons Now Available on Blinkit Mumbai; Affordable Jewellery Delivered in Minutes
Gargi by P. N. Gadgil & Sons, one of India’s fastest-growing fashion jewellery brands, is now available on Blinkit in Mumbai. Following a successful pilot in Pune, the brand’s popular under ₹ 1000 collection has launched in India’s financial capital, bringing spontaneous style and gifting to the world of instant commerce.
This curated range includes silver and fashion jewellery designed for everyday wear, festive looks, and on-the-go gifting. The availability on Blinkit introduces a new level of convenience, allowing customers to access affordable elegance in just a few minutes, directly from their phones.

Speaking about this, Aditya Modak, Co-founder and Director of Gargi by P N Gadgil & Sons, said, “Quick commerce is reshaping how India shops, and we see it as a natural next step for Gargi. Jewellery is no longer reserved for planned purchases or special occasions. With Blinkit, we are putting style, sentiment, and spontaneity into the same basket, making it possible to gift or glam up within minutes.”
The Blinkit launch comes at a high point in Gargi’s growth story. The brand ended FY25 with its best-ever performance, recording ₹128.4 crore in revenue, a sharp increase from ₹51.1 crore in FY24. Net profit rose to ₹28.8 crore, reflecting a 240 per cent jump year on year. Gargi’s retail footprint now includes 96 locations across India, with 31 franchise-owned stores, 51 shop-in-shops, and 14 exclusive brand outlets.
With its entry into instant delivery, Gargi is setting a new precedent for how jewellery can be discovered, purchased, and enjoyed. The move reinforces the brand’s focus on creating accessible, trend-conscious fashion experiences that fit seamlessly into modern lifestyles.
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)
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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