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Lypsa Gems to incorporate 100% subsidiary company in Belgium

21 Oct 2016 Evaluate

Lypsa Gems & Jewellery has received an approval for formation of 100% subsidiary company of the company in Antwerp, Belgium. The board of directors at its meeting held on October 21, 2016, has approved for the same.

The board also approved raising of Rs 17.01 crore by fresh issue of 21,00,000 equity shares of the company at Rs 81 to strategic investors, subject to shareholders’ approval.

Lypsa Gems & Jewellery is wholly integrated diamond company sourcing rough diamonds from the major diamond mines, cutting and polishing them in its own factories & marketing its product to clients across the globe. The company strives to sell polished diamonds directly to the jewelers, thereby eliminating the middlemen margin and passing on the price advantage to its customers.



Lypsa Gems Share Price

5.41 0.15 (2.85%)
20-Apr-2026 16:59 View Price Chart
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