National News
Master Chains N Jewels Files DRHP With SEBI For ₹400 Crore IPO
Fresh Issue To Fund Working Capital; Existing Shareholders To Offload Up To 0.59 Crore Equity Shares Through Offer For Sale
News
Mumbai: Master Chains N Jewels Limited, one of India’s leading gold chain manufacturers, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its proposed Initial Public Offering (IPO), marking a significant step towards its public market debut.
According to the DRHP, the proposed book-built IPO comprises a fresh issue of equity shares aggregating up to Rs 400 crore along with an Offer for Sale (OFS) of up to 0.59 crore equity shares by existing shareholders.
The company intends to utilise the net proceeds from the fresh issue primarily to meet its working capital requirements, while the remaining funds will be allocated towards general corporate purposes.
The equity shares, carrying a face value of Rs 10 each, are proposed to be listed on the BSE and the NSE. Systematix Corporate Services Limited has been appointed as the Book Running Lead Manager, while Bigshare Services Limited will act as the Registrar to the issue.
The issue price, IPO opening and closing dates, and other key details will be announced later following regulatory approvals.
National News
Novel Jewels’ Aneesh H. Kumarr Inaugurates Tanvi Group’s NPIM 2026 At Bharat Ratnam Mega CFC
Tanvi Group successfully inaugurated NPIM 2026, India’s biggest Pre-IIJS exclusive jewellery preview, at the Bharat Ratnam Mega CFC, SEEPZ, Mumbai, bringing together leading jewellers, manufacturers and industry professionals under one roof.
The inauguration ceremony was graced by Aneesh H. Kumarr, Head – New Product Development, Novel Jewels, attended as the Chief Guest and officially inaugurated the event in the presence of Bipin Viradiya, Founder & Chairman, Tanvi Group & Family, and other industry dignitaries.
NPIM 2026 showcased an impressive range of new product innovations and exclusive jewellery collections from YUG, AARU, and Tanvi & Co. The preview offered visitors an early glimpse into the latest trends and designs set to make an impact at the upcoming IIJS Bharat Premiere 2026 exhibition.
The successful inauguration reaffirmed Tanvi Group’s commitment to creating a strong platform for innovation, business networking and industry growth ahead of one of the country’s largest jewellery trade exhibitions.
Novel Jewels’ Aneesh H. Kumarr Inaugurates Tanvi Group’s NPIM 2026 At Bharat Ratnam Mega CFC
Master Chains N Jewels Files DRHP With SEBI For ₹400 Crore IPO
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Precious Metals Gain As Crude Prices Weaken
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BrandBuzz3 days agoKalyan Jewellers Unveils Akshaya Thanga Maligai (ATM) As Its First Regional Brand; Sivakarthikeyan Named Brand Ambassador
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International News20 minutes agoPrecious Metals Gain As Crude Prices Weaken
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International News2 days agoDe Beers Narrowed Losses In H1 2026 Despite A Sharp Decline In Rough Diamond Prices
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National News3 minutes agoNovel Jewels’ Aneesh H. Kumarr Inaugurates Tanvi Group’s NPIM 2026 At Bharat Ratnam Mega CFC
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