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 Activates Indian Embassies In 70+ Countries To Promote IGJS Jaipur 2027
The Council’s outreach has received an encouraging response, with over 20 Indian embassies and diplomatic missions publishing information about the show on their official websites.
GJEPC has mobilised India’s diplomatic network across more than 70 countries to promote the International Gem & Jewellery Show (IGJS) Jaipur 2027 and attract international buyers.
IGJS Jaipur 2027 will be held from 16-18 April 2027 at the Jaipur Exhibition & Convention Centre (JECC), Sitapura, Jaipur.
The Council’s outreach has received an encouraging response, with over 20 Indian embassies and diplomatic missions publishing information about the show on their official websites. These include missions in New Zealand, the UAE, China, Germany, Croatia, Indonesia, Qatar, Canada, Brazil, Poland, Italy and the UK, among others.
The Embassies of Egypt, Brazil, Italy and Poland have also personally acknowledged GJEPC’s efforts. The outreach includes several major overseas jewellery trade associations, including Jewelers of America, New York, USA.
The Council will continue engaging with diplomatic missions and trade associations through sustained promotional efforts until the show.
GJEPC Activates Indian Embassies In 70+ Countries To Promote IGJS Jaipur 2027
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GJEPC Activates Indian Embassies In 70+ Countries To Promote IGJS Jaipur 2027
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National News10 minutes agoGJEPC Activates Indian Embassies In 70+ Countries To Promote IGJS Jaipur 2027
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