What’s driving the surge in IPOs among jewellery firms?

At least 10 jewellery retail firms are preparing to launch IPOs in the next 3-6 months, driven by lender constraints, high valuations, and a strong IPO market. PNGS Reva Diamond Jewellery, Lalithaa Jewellery Mart, and Priority Jewels have already filed IPO documents with Sebi.

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