National News
Shringar – House of Mangalsutra files IPO papers with SEBI
Leading mangalsutra brand Shringar House of Mangalsutra has filed IPO papers with SEBI to raise *Rs 250 crore* for working capital & general corporate purposes. The IPO is entirely a fresh issue of *2.43 crore equity shares.
Financial Performance
Fiscal 2024 Revenue: ₹1,101.52 crore (up 16% from ₹950.22 crore in FY23)
* Profit After Tax (PAT) for FY24: ₹31.10 crore (up 33% from ₹23.36 crore in FY23)
H1 FY25 (as of September 30, 2024)
Revenue: ₹687.13 crore
PAT: ₹33.03 crore
National News
Malabar Gold & Diamonds Launches New Showroom At Pacific Mall, Jaipur
The New Showroom Offers An Extensive Selection Of Bridal Jewellery and Traditional Rajasthani Designs, Along With The Latest Gold and Diamond Collections
Malabar Gold & Diamonds, the world’s fourth-largest jewellery retailer and The Responsible Jeweller, has launched its new showroom at Pacific Mall, Mansarovar, Jaipur. This marks the brand’s third showroom in Jaipur, further strengthening its retail presence in the city. Spread across over 2,000 sq. ft. on the ground floor of the mall, the showroom offers an extensive selection of jewellery, including an exclusive selection of bridal collections and traditional Rajasthani designs, catering to the diverse preferences of customers.
The showroom was inaugurated by Sunil Kothari, Mayor of Jaipur, and Mrs. Saroj Kanwar, Deputy Mayor of Jaipur, who attended as the Chief Guests, in the presence of representatives from Malabar Gold & Diamonds, including Jishad N.K., Regional Head – North; Anees K.P., Zonal Head; and Sonu Jalam, Showroom Head.
The new showroom has been designed to provide customers with an enhanced shopping experience, featuring an extensive range of jewellery in a modern and convenient retail environment. With a special focus on bridal jewellery and traditional Rajasthani collections, the showroom presents exquisite designs that reflect the region’s rich jewellery heritage while catering to contemporary tastes and preferences.
Speaking on the occasion, M. P. Ahammad, Chairman, Malabar Group, said:

“Rajasthan has a rich jewellery heritage, with traditional craftsmanship and intricate designs playing a significant role in its cultural and wedding traditions. Our new showroom in Jaipur reflects our commitment to bringing the Malabar Gold & Diamonds experience closer to customers in the city. With an extensive selection of bridal jewellery, traditional Rajasthani designs, and contemporary collections, we look forward to catering to the diverse preferences of our customers while continuing to uphold the quality, craftsmanship, and trust that define our brand.”
During the festive season, customers can explore the brand’s latest yellow gold collection, Manahaari, available in both 18K and 22K gold, along with an exquisite selection of gold and diamond jewellery crafted for every occasion.
Customers can also avail themselves of attractive festive offers valid until 15 November 2026. These include up to 30% off on the making charges of gold, uncut, and gemstone jewellery, up to 30% off on diamond value, and zero deduction on old gold exchanges. Under the advance booking scheme, customers can reserve their Dhanteras jewellery by paying just 10% of the purchase value upfront and receive a complimentary silver coin, subject to applicable terms and conditions.
The launch reflects Malabar Gold & Diamonds’ continued commitment to building customer confidence through transparent and responsible retail practices. All gold jewellery is BIS Hallmarked with HUID, while all diamond jewellery is tested and certified. Under the brand’s Malabar Promises, customers benefit from 100% value on gold and diamond exchanges, transparent pricing, lifetime free maintenance, and responsibly sourced jewellery.
-
JB Insights1 week agoDhanteras Shopping Guide 2026:Gold, Silver, Diamonds & Festive Jewellery Trends To Watch
-
BrandBuzz1 week agoThe Solenne Collection: A Celebration Of Diwali By Bharti Bangur Fine Jewels
-
BrandBuzz1 week agoFrom Diya Puja To Diwali Soirées: Jewellery Designed To Go Beyond The Festive Season
-
National News1 week agoIndriya, Aditya Birla Jewellery Unveiled India’s Largest Sustainable Jewellery Rangavalli

