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 performance and executional capabilities.
A significant portion of our revenue comes from our showrooms in Gujarat, where our operations are heavily focused.
In nine-month period ended December 31, 2025 and Fiscal 2025, 2024 and 2023, our revenue from our Ahmedabad
showrooms stood at Rs. 2,266.88 million, Rs. 2,251.39million, Rs. 1,625.36 million and Rs. NIL million contributing to
62.40%, 77.17%, 74.79% and 0.00% 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.
Our inability to effectively market our products could affect consumer footfall and consequently adversely impact our
business, financial condition, cash flows and results of operations.
Our ability to sustain revenue growth and profitability is dependent on converting existing customers into repeat
customers and acquiring new customers in a cost-effective manner. If we fail to achieve this, our business, financial
condition, results of operations, and cash flows could be adversely affected.
Our ability to introduce new designs and update our collections in line with evolving customer preferences is critical
to our business success. If we fail to anticipate or respond effectively to changing trends, our business prospects,
results of operations, and cash flows could be adversely affected.
As of nine months period ended December 31, 2025, Fiscals 2025, 2024 and 2023, our inventories were Rs. 2,405.92
million, Rs. 2,056.96 million, Rs. 874.81 million and Rs. 448.12 million, respectively. Our inability to maintain an optimal
level of inventory in our showrooms may impact our operations adversely. Any delay on our supplier's part may
adversely impact our inventory levels.
Successful operations of our New Showroom are dependent on a number of factors. Our inability to successfully
establish and operate our New Showroom may adversely affect our business, financial condition and results of
operation
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.
Our revenue is influenced by seasonal trends and any dip in earnings during peak periods could disproportionately
affect our overall performance.
Our business depends on adequate working capital to support our continued growth. If we are unable to maintain the
working capital requirements, on favourable terms, it may harm our operations, financial stability, and profitability.
Our growth and profitability are dependent on our ability to remain competitive in a fragmented physical retail market,
and any inability to do so may adversely affect our financial condition, results of operations and future growth
prospects.
