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PC Jeweller
PC Jeweller Curbs Exports in Credit Crunch
PC Jeweller plans to reduce its exports by more than aquarter during the current fiscal year as it looks to minimize its credit needsin a tighter Indian lending market. The company receives payment for exports several monthsafter...
Retail Dec 03, 2018 Leah Meirovich
PC Jeweller
PC Jeweller Denies CEO Arrest
PC Jeweller has denied a report that its CEO has beenarrested, but scrutiny of the Indian retailer has intensified amid a slump in itsshare price. Business Television India (BTVI) reported Thursday thatIndia’s Central Bureau of Investigation...
Retail May 03, 2018 Rapaport News
PC Jeweller
Exports Drive PC Jeweller’s Sales Spike
Sales and profit increased at Indian retailer PC Jeweller inthe past fiscal year as the company recorded a sharp rise in foreign sales.Group revenue, including from subsidiaries, jumped 17% to$1.33 billion (INR 85.77 billion) during...
Retail Jun 01, 2017 Rapaport News
PC Jeweller
India’s PC Jeweller Sees 3Q Revenue, Profit Soar
India-based PC Jeweller reported revenue on a standalonebasis jumped 20 percent year on year to $320.3 million (INR 21.8 billion) inthe third quarter that ended December 31 mainly because of surging domestic sales.Net profit for the quarter soared...
Retail Jan 28, 2016 Rapaport News
PC Jeweller
India’s PC Jeweller 2Q Revenue +113%, Profit +18%
NewDelhi-based group PC Jeweller reported a 113 percent surge in second-quarter salesto $251.2 million (INR 16.7 billion).Netprofit in the three months that ended September 30 rose to $14 million, an 18percent jump from a year ago, the Indian...
Retail Nov 09, 2015 Rapaport News
PC Jeweller
PC Jeweller, Blue Nile Sign Collaboration Agreement
PC Jeweller signed an exclusive collaboration agreement with Blue Nile, PC Jeweller reported. The move indicates that the U.S. based online jeweler is looking to tap into India's large jewelry buying population.PC Jeweller explained that...
Financial-Legal Mar 08, 2015 Deena Taylor
PC Jeweller
PC Jeweller Opens 41st Showroom
PC Jeweller will open its 41st showroom in India on January 18. The company's new store will be in Ahmedabad, where it opened its first showroom in that city in April 2013. PC Jeweller set a target of operating 50 showrooms by the...
Retail Jan 17, 2014 Jeff Miller
PCJ Diamond Jewelry
PC Jeweller to Increase Focus on Diamond Jewelry
India’s PC Jeweller Ltd. (PCJ) plans to enhance its focus on diamond jewelry given their higher profit margins and as consumers' buying behavior is increasingly shifting towards diamond jewelry from gold jewelry.PCJ on Thursday reported sales...
Retail Feb 08, 2013 Dilipp S Nag
PC Jeweller’s IPO Subscribed to Seven Times
The initial public offering (IPO) of PC Jeweller Ltd. (PCJ) was subscribed to 6.85 times on Wednesday, the final day of the issue, according to data from the National Stock Exchange (NSE). The company planned to raise...
Financial-Legal Dec 13, 2012 Dilipp S Nag
PC Jeweller
Analysts Review PC Jeweller’s Upcoming IPO
The initial public offering (IPO) of PC Jeweller (PCJ) will open on Monday. The company plans to raise up to $111 million (INR 6.09 billion) during the offering of 45.1 million equity shares, the proceeds of which would...
Financial-Legal Dec 07, 2012 Dilipp S Nag
PC Jeweller
PC Jeweller Plans to Raise $111M in December IPO
PC Jeweller Ltd. plans to raise up to $111 million (INR 6.09 billion) to fund its retail ‎expansion across India through its initial public offering (IPO) scheduled for December 10, ‎‎2012.‎The New Delhi-based jeweler is offering...
Retail Dec 04, 2012 Dilipp S Nag
CRISIL Assigns ‘Average’ Grade to PC Jeweller’s IPO
CRISIL assigned a “three on five” grade to the proposed initial public offering (IPO) of PC Jeweller Ltd. (PCJ), indicating that its fundamentals are ''average'' relative to the other listed equity securities in India.The ratings agency stated...
Financial-Legal Nov 09, 2012 Dilipp S Nag
CARE Research
India’s Jewelry Retailers Poised for Growth
India’s organized jewelry retail trade is expected to account for 10 percent of the country's total jewelry retail market by 2016, up from the current 4 percent, according to CARE Research, a division of Credit Analysis & Research Ltd. The...
Retail Dec 29, 2011 Dilipp S Nag
PC Jeweller Ltd.
PC Jeweller Plans IPO for Retail Expansion
PC Jeweller Ltd. is aiming to raise more than $116.3 million (INR 5.7 billion) through an initial public offering (IPO) of equity shares to fund its planned retail expansion across India. The company, which has 20 stores...
Retail Oct 04, 2011 Dilipp S Nag
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