Our multi-collection jewellery portfolio enables us to address varied consumer segments.
Targeted marketing and promotion activities enabling increasing brand recall.
Founder led company supported by professional management and leadership team.
Commitment to quality and customer satisfaction.
Strong Financial Results.
A significant portion of our revenue comes from our showrooms in Gujarat, where our operations are heavily focused. In three-month period ended June 30, 2026 and Fiscal 2026, 2025 and 2024, our revenue from our Ahmedabad showrooms stood at Rs. 694.79 million, Rs. 3,661.58 million, Rs. 2,710.97 million and Rs. 1,625.36 million contributing to 68.49%, 67.97%, 77.17% and 74.79% of our total revenue from operations of the Company. If this region or the showrooms in Gujarat face any negative developments, it could harm our business performance, growth potential, financial health, and overall profitability.
The Objects of the Offer for which the funds are being raised have not been appraised by any bank or financial institutions. Any variation in the utilization of the Net Proceeds would be subject to certain compliance requirements, including prior shareholders' approval.
All of our revenue is derived from direct sales through our physical showrooms, and any adverse developments impacting these operations could negatively affect our revenue and results of operations.
We have entered into related party transactions in the past and may continue to do so in the future, which may potentially involve conflicts of interest with other shareholders.
Volatility in the prices and availability of gold, diamonds and other raw materials, along with dependence on third-party manufacturers for procurement, may adversely affect our business, results of operations, financial condition, cash flows and prospects
We rely entirely on third party product manufacturers and Karigars for production and manufacturing of our products, none of whom work exclusively for us, exposing us to supply disruptions, quality risks and confidentiality concerns which may adversely affect our business, results of operations and financial condition.
Our business is exposed to risks of fraud, theft, employee misconduct or negligence, and any failure to prevent or detect such incidents may materially and adversely affect our business, results of operations, cash flows and financial condition
Our Company has experienced negative net cash flow from operating activities in the past Fiscals and may continue to do so in future, which could have a material adverse effect on our business, prospects, financial condition, cash flows and results of operations.
Our business depends on adequate working capital to support our continued growth. If we are unable to maintain the working capital requirements, on favorable terms, it may harm our operations, financial stability, and profitability.
All of our registered office, corporate offices and our showrooms are operated on premises which are taken on leave and license basis by our Company and any issues related to leave and license agreements renewal, unfavorable leave and license agreement terms, non-registration and inadequate stamping of agreements or property title disputes could negatively impact our business operations and financial performance.
