Representative image New Delhi, Motisons Jewellers, a Jaipur-based retail jeweller company, has garnered Rs 33 crore in its pre-IPO (initial public offering) funding round. The company saw participation from individual and institutional investors, including Sunil Kothari & Sons, Manish Parakh, Isha Parakh, Manish Parakh HUF, Rajesh Kumar Kabra, and Jagdamba Coal House, Prabhudas Lilladhar Advisory…
Birkenstock Holding Ltd has secured enough commitments from investors to price its U.S. initial public offering (IPO) at the top of its indicated range and attain a $10 billion valuation, according to people familiar with the matter. The German premium footwear company will make a final decision on pricing its IPO at the top of…
Representative image. New Delhi: Jewellery retailer Joyalukkas is aiming to increase its India revenue to Rs 17,500 crore by the end of the financial year 2024, shared a top official of the company. Talking to ETRetail, Joy Alukkas, Chairman and MD, Joyalukkas India said that the jewellery chain is eyeing a 20 per cent YoY…
New Delhi: The Initial Public Offering (IPO) of Manoj Vaibhav Gems N Jewellers Ltd was subscribed 13 per cent on the first day of subscription on Friday. The IPO received bids for 12,22,128 shares against 91,20,664 shares on offer, as per NSE data. The category for retail individual investors was subscribed 25 per cent while…
Mumbai: Vaibhav Jewellers on Friday said it has fixed the price band at Rs 204-215 per equity share for its initial public offering (IPO) to raise about Rs 270 crore from the capital markets. The IPO will open for subscription on September 22 and close on September 26, the company said in a statement. The…
Senco Gold, the largest organised jewellery retail player in eastern India, is likely having a golden run since its marktrading debut that added glitter to the brand value and led to increased footfall across stores. “We are seeing additional footfalls and our brand awareness among customers have increased due to the IPO,” Managing Director Suvankar…
Kolkata-based Senco Gold, a recent debutant on the exchanges, on Monday reported 23% growth in its consolidated net profit at Rs 27.6 crore for the quarter ended June 2023. It was Rs 22.5 crore in the year-ago period. Revenue from operations jumped 30% to Rs 1,305 crore in the June quarter, compared with Rs 1,007…
