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
Adv. S. Abdul Nazar, State General Secretary Of KGSMA, Met With Chief Minister Sri V.D. Satheesan
Kerala Gold Trade Seeks Government Support For Jewellery Park and Sector Development
Adv. S. Abdul Nazar, State General Secretary of the Kerala Gold and Silver Merchants Association (KGSMA), met with Kerala Chief Minister Shri V.D. Satheesan. He brought various issues and matters concerning Kerala’s gold trade sector—including the ‘Jewellery Park’ project proposed in the state budget—to the Chief Minister’s attention. The Chief Minister assured him that a meeting of relevant stakeholders would be convened to discuss the challenges and future development plans of the gold trade sector in detail.
Adv. S. Abdul Nazar expressed his happiness and gratitude to the Chief Minister for the successful and grand organization of the KGSMA state convention, and KJIF show which had been inaugurated by the Chief Minister.
The KGSMA is hopeful of receiving government support for projects such as the Jewellery Park, aiming to revitalize Kerala’s gold trade and manufacturing sectors and create more employment opportunities.
Adv. S. Abdul Nazar, State General Secretary Of KGSMA, Met With Chief Minister Sri V.D. Satheesan
MCX Gold Futures Traded Flat,Silver Prices Decline
Union Home Minister Shri Amit Shah Graces 52nd India Gems & Jewellery Awards; GJEPC Charts US$100 Billion Export Vision For Indian Gem & Jewellery Industry
Limelight Lab Grown Diamonds Inaugurates Showroom In Kalyan, Its 8th Exclusive Store MMR
Adv. S. Abdul Nazar, State General Secretary Of KGSMA, Met With Chief Minister Sri V.D. Satheesan
Union Home Minister Shri Amit Shah Graces 52nd India Gems & Jewellery Awards; GJEPC Charts US$100 Billion Export Vision For Indian Gem & Jewellery Industry
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National News4 days agoLimelight Lab Grown Diamonds Inaugurates Showroom In Kalyan, Its 8th Exclusive Store MMR
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National News2 hours agoAdv. S. Abdul Nazar, State General Secretary Of KGSMA, Met With Chief Minister Sri V.D. Satheesan
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National News4 hours agoUnion Home Minister Shri Amit Shah Graces 52nd India Gems & Jewellery Awards; GJEPC Charts US$100 Billion Export Vision For Indian Gem & Jewellery Industry
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National News3 hours agoMCX Gold Futures Traded Flat,Silver Prices Decline
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