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.
IGI shares hit 10% upper circuit as Q2 profit jumps 43%, revenue rises 31% YoY
International Gemological Institute shares hit the 10% upper circuit after Q2 FY27 revenue rose 31% and profit surged 43% year on year. Growth was supported