Khazanchi Jewellers Ltd Summary
Khazanchi Jewellers Limited, erstwhile known as Khazanchi Jewellers Private Limited was incorporated as a Private Company on March 25, 1996 at Chennai, Tamil Nadu. The Company changed to a Public Limited Company dated April 27, 2023 having a fresh Certificate of Incorporation obtained from the Central Processing Centre.Promoted by Tarachand Mehta and Goutham, the company is a prominent player in the Indian jewellery industry, with a strong presence in both wholesale and retail sectors. The Company is dealing in gold / silver jewellery, bullion, diamonds and related products.
The Promoters are experienced entrepreneurs with over 25 years of expertise in the field. It offer a diverse range of jewellery products in designing, manufacturing, and selling high-quality jewellery that includes necklaces, chains, rings, earrings, bangles, bracelets, pendants, nose pins, mangalsutras, and kadas. The Company focus in creating exquisite wedding jewellery and other pieces suitable for festive occasions.
Company is promoted by Tarachand Mehta and Goutham.The product portfolio includes traditional, contemporary and combination designs across jewellery lines, for special occasions such as weddings and festivals to daily wear jewellery. Additionally, to serve the increasing demand in the market, Company has engaged artisans on job work basis for manufacturing of gold jewellery. It outsources the work of making ornaments to various artisans with whom the Company developed strong relationships.
It provide handcrafted jewellery, which are designed and manufactured in association with skilled local craftsmen located across the country.The Company acquired Khazanchi Silvers Pvt. Ltd. to further expand their silver business in 2018-19.
The Company raised funds aggregating to Rs. 96.74 Crores through public issue with the issue and allotment of 69,10,000 Equity Shares in July, 2023.In FY 2026, Company launched Vajraa Diamonds and entered into the natural diamonds jewellery, to enhance the value chain of the product. Also, it opened a 10,000-square-foot showroom during the year.