Kalyan Jewellers India Ltd

Kalyan Jewellers India Ltd

Kalyan Jewellers India Limited was originally formed as a sole proprietorship under the name of Kalyan Jewellers at Thrissur in 1993. Thereafter the sole proprietorship was converted into a Partnership Firm under the name of 'Kalyan Jewellers' on 04 May 2006. Subsequently the name of the Partnership Firm changed from 'Kalyan Jewellers' to 'Kalyan Jewellers TSK' in the year 2008. The Partnership Firm was thereafter converted into a Private Limited Company on 29 January 2009. The name of the Company was further changed to Kalyan Jewellers India Limited upon conversion to a Public Limited Company on 15 June 2016.The Company is one of the largest jewellery companies in India founded by Mr. T. S. Kalyanaraman. The Company is engaged in design manufacture and sell a wide range of gold studded and other jewellery products across various price points ranging from jewellery for special occasions such as weddings which is the highest selling product category to daily-wear jewellery. During the FY 2013 pursuant to scheme of amalgamation sanctioned by the High Court of Kerala on 18 September 2012 between the Company and Kalyan Jewellers Salem Private Limited in the ratio of 55 Equity Shares of the Company for every 50 equity shares of Kalyan Jewellers Salem Private Limited 14161917 Equity Shares allotted to Mr. T.S. Kalyanaraman 7852894 Equity Shares allotted to Mr. T.K. Seetharam 4668042 Equity Shares allotted to Mr. T.K. Ramesh 786 Equity Shares allotted to Ms. N.V. Ramadevi 786 Equity Shares allotted to Ms. Maya Ramakrishnan786 Equity Shares allotted to Ms. Deepa Harikrishnanand 786 Equity Shares allotted to Ms. T.K. Radhika.As on 31 March 2021 the company has one domestic and eight overseas subsidiaries.In FY 2021 the Company launched 18 new stores. In June 2022 it opened first franchise store. It opened 124 jewellery showrooms in India and 30 showrooms in the Middle East.As at March 31 2023 the Company opened 149 showrooms in India and 33 showrooms in the Middle East taking the total count to 182 showrooms. It opened over 28 net showrooms (including Candere) across India and in the Middle East in FY23.