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
GJEPC & DHL Host E-Commerce & Export Logistics Seminar In Delhi
Industry Seminar Focuses On E-Commerce Growth, Logistics Solutions and Global Shipping Opportunities For The Gem and Jewellery Sector
Gem & Jewellery Export Promotion Council (GJEPC) Delhi Regional Office, in association with DHL, organised an industry seminar titled “Delhi to the World” on 14th May 2026 at the GJEPC Delhi Office, bringing together 35 members to discuss e-commerce, logistics and international shipping solutions for the gem and jewellery sector.
Welcoming the participants, Ashutosh Srivastava, Regional Director – North, greeted the DHL delegation comprising Ashim Sen, Satya Rath, Tej Desai, Vishal Sehgal, Rishi Pant, Aditya Karid and Aditya Khandelwal. He also welcomed Nitin Khandelwal, Deputy Director – Jaipur & Head of E-commerce, GJEPC, who highlighted the increasing importance of e-commerce and modern logistics infrastructure for the gem and jewellery industry during his keynote address.
The DHL team delivered a detailed presentation on logistics, courier and international shipping solutions tailored for the gem and jewellery trade. The session covered secure shipment handling, customs clearance procedures, shipment tracking facilities, and DHL’s global logistics network.
An interactive Q&A session followed, during which participants discussed shipment procedures, export documentation, insurance requirements, and logistics-related challenges faced by exporters. In his concluding remarks, Antarpal Singh Sawhney, Regional Chairman – North, GJEPC, informed members that DHL would offer special rates to GJEPC members.
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