TBZ Shares Hit 20% Upper Circuit After GRT Jewellers Open Offer
TBZ shares zoomed 20% to hit their upper circuit on Tuesday after GRT Jewellers signed a deal to acquire a 74.12% promoter stake for up to Rs 1,033.71 crore, triggering a mandatory open offer.
GRT Jewellers To Buy 74% Of TBZ For Rs 1,034 Crore
GRT Jewellers has agreed to acquire 74.12% of listed retailer Tribhovandas Bhimji Zaveri for Rs 1,033.71 crore, taking control of the 162-year-old brand and expanding its pan-India retail footprint.
BlueStone Jewellery Raises Rs. 693 Crore from Anchor Investors Ahead of IPO
BlueStone Jewellery and Lifestyle, the company behind the contemporary jewellery brand ‘BlueStone’, has secured over Rs. 693 crore from anchor investors, just days before its initial public offering (IPO) opens for subscription.
Titan Shares Surge on Strong Jewellery Business Performance
Titan Company has reported a strong surge in revenue for the fourth quarter, driven by robust demand for high-value jewellery and gold coins. The positive performance has sparked renewed investor interest, pushing the stock higher and reinforcing confidence in the company’s growth outlook
International Gemological Institute India’s Rs. 4,225 Crore IPO Opens December 13
International Gemological Institute (India) Limited is gearing up for its Initial Public Offering (IPO), which will open for subscription on December 13, 2024, and close on December 17, 2024
Kalyan Jewellers Plans Rs 1,750 Crore-IPO; Files Draft Papers With SEBI
Kalyan Jewellers India recently filed draft papers with markets watchdog SEBI for an initial public offer worth Rs 1,750 crore
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