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Link Intime India Pvt. Ltd. was felicitated at the listing ceremony of Baazar Style Retail Ltd. at BSEIndia on 06th September 2024. Seen here is Mr. Dhawal Adalja– Vice President Primary Market and Ms. Soundarya Marri- Associate Primary Market receiving the memento from Management Team of Baazar Style Retail Limited 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 Founded on the 3rd of June 2013 under the Companies Act of 1956, Style Baazar has its headquarters at West Bengal. As a dazzling multi-brand fashion hub, Style Baazar boasts over 135 stores scattered throughout 9 Indian states. Catering to men, women, and children of all ages, this fashion empire offers an extensive range of stylish apparel along with a vast collection of general merchandise. Their vision is to deliver the latest fashion at prices that fit every budget, embodying the true value-for-money proposition in retail. They strive to attain market leadership across the aspiring real India by providing quality and a unique product mix at a value for money price and creating a great shopping experience for the customers. The offer (excluding Anchor Investor Portion) received > 𝟐𝟏.𝟑𝟎 𝐥𝐚𝐜𝐬 bids resulting in 𝟒𝟎.𝟔𝟒 times subscription. #LifeatlinkIntime #IPO2024 #capitalmarkets #shareholders #bseindia #indianstockmarket #stockmarketinvesting  

Kalyan Jewellers Business Update Q1FY25 1) Total Number of Showrooms reached 277 as on 30th June out of which 217 is in India, 36 in Middle East and 24 Candere stores. 2) Company is planning to open its first showroom in the US by Diwali. 3) Opened 13 showrooms in this quarter which operates in FOCO model. 4) In addition to the stores which are already opened in this fiscal year as communicated earlier a number of 130+ stores, company is planning to launch another 40 Kalyan showrooms in India and 30 Candere stores. 5) Consolidated Topline grew 27% YOY. India region witnessed a revenue growth of 29% YOY supported by SSSG of 12%. 6) Middle East region witnessed a revenue growth of 16% YOY driven by SSSG. 7) Despite of having high gold price and volatility management was able to deliver a sales growth of 27% which is remarkable.

Jewellery retailer Kalyan Jewellers on Saturday said the company is planning to strengthen its footprint in Bihar by opening three new showrooms this month. Kalyan Jewellers Click on the link below to know more... #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailindia #retailsectornews #retailtrends #retailbusiness #ir #IndiaRetailing

📿Introducing Indriya: Aditya Birla Group's Dazzling New Venture!💯 💎 Aditya Birla Group has made a stunning entry into the Rs 6.7 trillion Indian jewellery market with its new brand, Indriya. 💎 With an ambitious investment of Rs 5,000 crore, the group aims to position Indriya among the top 3 national jewellery players within the next 5 years. 💎 The brand is set to capitalize on the burgeoning Indian consumer market, expected to reach a staggering Rs 11-13 trillion by 2030. 💎 Indriya's launch is part of the Aditya Birla Group's broader strategy to increase its consumer-facing business revenue to over $25 billion in the next five years. 💎 This strategic move underscores the group's confidence in India's growing middle class and their increasing penchant for luxury and adornment. 🎯Indriya will face stiff competition from established players like Tanishq, Kalyan Jewellers, and PC Jeweller. However, with the Aditya Birla Group's backing and a strong focus on design, quality, and customer experience, Indriya is poised to disrupt the market. 🎯Key challenges for Indriya include building a strong retail network, establishing brand recognition, and aligning with consumer preferences in a diverse market. #Indriya #AdityaBirlaGroup #Jewellery #Luxury #IndianMarket #NewLaunch #Expansion #ConsumerMarket #Competition #Challenges

Meet Chinu Kala who started with 300 Rs and turned her jewellery business into 65 CR+ annual revenue.👇 1At just 15 years old, Chinu Kala left her home with only Rs 300 in her pocket.🤯 🔸With those 300 rupees, she reached Bombay Central Railway Station and found a dormitory. She needed money to survive. 2. Chinu looked for job opportunities and took up various roles like waitress, tele-caller and receptionist. 🔸Eventually, she landed at a clothing store where she gained practical knowledge about customer behaviour and the importance of exceptional service. 3. The turning point came in 2006. During a Miss India event where Chinu participated, she spotted an opportunity in the fashion jewellery business. ✅The market had traditional jewellery but no products for stylish and branded jewellery. 🔸With an investment of 3 Lakhs, Chinu started Rubans Accessories in a 36 sq ft space at Phoenix Mall, Bengaluru, in 2014. 🙌 4. The brand had everything right about it:👇 ✅Extensive research on consumer need for jewellery based on their lifestyle preferences. ✅80% owned unique designs. ✅Wide range of options like ethnic and western categories providing their customers with abundant choices. 5. As a result, Ruban Accessories grew from a revenue of Rs 56 lakhs in 2014 to Rs 35 CR in 2022. The business expanded to 5 stores beautifully offline. ▶️However, The fuel on the growth fire of Ruban came with faster adoption of online e-commerce platforms. From 35 CR, Its sales skyrocketed to 65 CR +in 2023. 🔸The business became the best seller on Myntra and drove more than 75% of its sales from there. 📍Today, Chinu is a household name after securing 1.5 Crores from the famous TV show, "Shark Tank India." 🔸From her humble beginnings with just Rs 300, Chinu's net worth now stands at whopping 40 crores. 🔸Not completing school, she got invited to IIM Ahmedabad to deliver a speech. Chinu is an absolute inspiration for humble beginnings has a big impact.🙌 Follow Abhishek Aggarwal, CFPᶜᵐ for more such amazing stories. #businesscasestudy #startup #growth

#Update Kalyan Jewellers India Limited bought the remaining 15% of Candere for ₹42 crore, making Candere By Kalyan Jewellers their full subsidiary. This move signals a shift for Kalyan Jewellers India Limited from just online sales (e-commerce) to offering both online and physical stores (omni-channel commerce). They had initially invested in Candere By Kalyan Jewellers in 2017 to enter the online jewelry market. This acquisition allows Kalyan Jewellers India Limited to expand their reach and cater to a wider audience with Candere By Kalyan Jewellers's focus on trendy, lightweight designs. Read the story: https://ow.ly/90Vq50S8hEB T S Kalyanaraman, Managing Director of Kalyan Jewellers India Limited #KalyanJewellers #Candere #JewelryAcquisition #OmniChannelCommerce #JewelryMarket #TrendyDesigns #OnlineJewelry #BusinessExpansion #RetailAcquisition #LightweightJewelry

Kalyan Jewellers, led by #TSKalyanaraman, announces ambitious plans to expand its global footprint with the launch of 40 new Kalyan showrooms, 30 Candere showrooms, and its inaugural US showroom by Diwali. This strategic initiative aims to introduce over 130 new showrooms in FY 2025, following a robust 34% revenue growth in Q4 FY2024. With preparations underway for the upcoming festive seasons, starting with Onam, the company is gearing up with fresh collections and campaigns. Currently operating 217 showrooms in India, 36 in the Middle East, and 24 under Candere, Kalyan Jewellers continues to strengthen its market presence, reporting a 27% revenue increase in Q1 FY2025. #KalyanJewellers #JewelleryExpansion #DiwaliLaunch #CandereShowrooms #USDebut #OnamCollections #GlobalPresence #FY2025Strategy #MarketExpansion #FestiveSeasons #RevenueGrowth #BusinessNews #startup77

Premium luggage brand Samsonite India has launched a new store at Netaji Subhash Chandra Bose International Airport, Kolkata. Click on the link below to know more... Samsonite | Samsonite India Pvt Ltd | Anirudh Gupta #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing

Kalyan Jewellers will acquire the remaining 15% stake in its e-commerce subsidiary Enovate Lifestyles, which operates under the brand Candere, for Rs 42 crore. kalyan jewellers | Kalyan Jewellers India Limited | Candere By Kalyan Jewellers | ENOVATE LIFESTYLES PRIVATE LIMITED Click on the link below to know more... #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing

𝐊𝐚𝐥𝐲𝐚𝐧 𝐉𝐞𝐰𝐞𝐥𝐥𝐞𝐫𝐬: Strong Growth Amid Rising Gold Prices Key takeaways from our dialogue with Kalyan Jewellers' Regional Manager: • Robust demand persists despite higher gold prices, particularly during mini wedding season and Akshaya Tritiya • Average store size: 3,000-4,000 sq.ft. with inventory of ₹200-250 million • Focus on expanding FOCO (Franchisee Owned Company Operated) stores in Tier 2/3 markets • Hyper-local model tailored for semi-urban and rural regions • Mature stores achieving low double-digit Same-Store Sales Growth (SSSG) • New buyer contribution remains strong at over 40% • Higher studded jewelry share driving better ticket sizes compared to southern markets • Competitive strategies include attractive offers like 50% off on making charges 𝐌𝐚𝐫𝐤𝐞𝐭 𝐝𝐲𝐧𝐚𝐦𝐢𝐜𝐬: • Competition from established local jewellers and national chains like Tanishq and Malabar • Kalyan's entry typically draws 10-15% customers from competitors • Tanishq has narrowed its gold markup to remain competitive 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬: • 14 stores managed, including 12 FOCO outlets across Haryana, Delhi NCR, Uttarakhand, and western UP • Average making charge for gold jewelry: 14-16% • 50% of inventory tailored to local preferences • Store maturation period: 2-3 years in the northern region • Asset turnover: 2 to 2.5 times 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐭𝐫𝐞𝐧𝐝𝐬: • Working women prefer lightweight jewelry • Wedding season drives demand for heavy gold jewelry • New stores seeing higher studded ratio (30-35%) due to new designs • Average ticket size for FOCO stores: ₹75,000-80,000 • Wedding jewelry contributes 25-30% during season 𝐎𝐮𝐭𝐥𝐨𝐨𝐤: • Expects strong footfall during upcoming festive season • Continued focus on FOCO expansion and hyper-local strategy Courtesy: Centrum India Kalyan Jewellers #india #business #finance #kalyan #jewellary #consumer #market