MoneyWorks4Me

Lypsa Gems’ arm bags order worth Rs 22.3 crore

05 Jan 2017 Evaluate

Lypsa Gems & Jewellery DMCC, a wholly owned subsidiary of Lypsa Gems & Jewellery has received a prestigious new order worth Rs 22.3 crore from customers based out of UAE, for the supply of diamonds and diamond-studded jewellery. This order will be executed over a 9-month period. The company is looking to further strengthen its presence in the International markets across the loose diamonds and jewellery segments.

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.

Peers