National News
Gem & Jewellery BSM 2025 :Fruitful partnerships and meaningful dialogue
GJEPCs Gem & Jewellery Buyer-Seller Meet 2025 commenced with an air of optimism and global camaraderie, setting the stage for fruitful partnerships and meaningful dialogue between Indian manufacturers and international buyers.
The event was inaugurated with a grand unveiling, paving the way for over 40 international buyers to engage in curated one-on-one business meetings with Indian jewellery manufacturers and exporters. The venue buzzed with activity as new connections were forged and long-standing business relationships were rekindled.
Among the notable international buyers. Lisi Fracchia from Spain, visiting India for the first time, expressed her delight at the overwhelming business prospects. Her experience at the BSM not only introduced her to new business avenues but also gave her the opportunity to reconnect with existing suppliers participating in the show.
Cloyette Harris Stoute, representing Alliyette, USA, is also making her maiden visit to India. Her objective of understanding India’s advanced jewellery manufacturing technology and the comprehensive supply chain process was met with great satisfaction. Deeply impressed by her interactions with exhibitors, she shared her enthusiasm about returning in the future.
On the domestic front, Hitesh Thakar, General Manager at Mohit Diamond Pvt. Ltd, reflected on the invaluable insights gained during his meetings. He noted that conversations with buyers revealed their strategic focus on brand expansion, opening up new opportunities for his company to scale their business and adapt to evolving global demand.
Priyank Shah of Walking Tree, participating as a first-time exhibitor, commended the event’s structured format. The carefully filtered buyer group enabled targeted interactions, resulting in serious inquiries from markets such as the USA, Kazakhstan, Brazil, and beyond—particularly for custom-made jewellery.
The first day concluded on a high note, with an atmosphere rich in collaboration and discovery. The meet not only reflected the strength of India’s jewellery sector but also its growing global appeal.
National News
Tanvi Exports Files DRHP For Proposed IPO
The Company Proposes To Raise Funds Through An IPO Comprising A Fresh Issue Of Up To 3,580,000 Equity Shares and An Offer For Sale (OFS) Of Up To 3,580,000 Equity Shares
Tanvi Exports India Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) for its proposed initial public offering (IPO).
The Rajkot-based company designs, manufactures and exports fine gold jewellery and accounts for around 8% of Gujarat’s overall gold jewellery exports.
The company proposes to raise funds through an IPO comprising a fresh issue of up to 3,580,000 equity shares and an Offer for Sale (OFS) of up to 3,580,000 equity shares. The shares will have a face value of Rs 10 each.
The net proceeds from the fresh issue will be used towards repayment or pre-payment of certain outstanding borrowings, funding incremental working capital requirements and general corporate purposes.
Revenue from operations increased from Rs 1,374.60 million in fiscal 2024 to Rs 10,084.05 million in fiscal 2025 and further to Rs 11,399.36 million in fiscal 2026, representing a CAGR of 188% over the period. The company’s export business also expanded from a single UAE order worth Rs 43.40 million in fiscal 2024 to export revenue of Rs 2,457.46 million across five countries in fiscal 2025.
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