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
World Gold Council Launches Swarnim Udaan 2047: Unlocking The Full Potential Of Gold Towards Viksit Bharat 2047
Ambitious Vision Document Outlines A Long-Term Roadmap To Position Gold As A Strategic Driver Of India’s Economic Growth, Financial Resilience, Exports, Innovation and Advanced Manufacturing By 2047.
The World Gold Council has released a landmark vision document titled “Swarnim Udaan 2047: Unlocking the Full Potential of Gold Towards Viksit Bharat 2047,”, presenting an ambitious roadmap for the Indian gold industry. Developed with Monitor Deloitte as the knowledge partner, the report highlights the transformative role of gold in supporting India’s journey towards becoming a developed economy by 2047.
As India moves towards its US$30 trillion economy vision, the report positions gold as a strategic national asset capable of strengthening financial resilience, exports, innovation, responsible domestic value creation and advanced manufacturing. It further calls for coordinated policy and institutional action to unlock greater value across the entire gold ecosystem and enhance India’s global competitiveness.
World Gold Council Launches Swarnim Udaan 2047: Unlocking The Full Potential Of Gold Towards Viksit Bharat 2047
MCX Gold, Silver Edge Higher, Comex Gold Moves To $23.30 To Reach $4,113.80/oz
NDC Unveils Consumer-First Global Strategy To Reignite Natural Diamond Demand
Master Chains N Jewels Files DRHP With SEBI For ₹400 Crore IPO
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World Gold Council Launches Swarnim Udaan 2047: Unlocking The Full Potential Of Gold Towards Viksit Bharat 2047
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National News2 days agoMaster Chains N Jewels Files DRHP With SEBI For ₹400 Crore IPO
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BrandBuzz5 days agoKalyan Jewellers Unveils Akshaya Thanga Maligai (ATM) As Its First Regional Brand; Sivakarthikeyan Named Brand Ambassador
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National News27 minutes agoWorld Gold Council Launches Swarnim Udaan 2047: Unlocking The Full Potential Of Gold Towards Viksit Bharat 2047
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National News22 hours agoMCX Gold, Silver Edge Higher, Comex Gold Moves To $23.30 To Reach $4,113.80/oz
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