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Lypsa Gems’ arm bags order worth Rs 22.4 crore

19 May 2017 Evaluate

Lypsa DMCC, a wholly owned subsidiary of Lypsa Gems & Jewellery, has received a new order worth Rs 22.4 crore from customers in UAE. This order will entail supply of loose polished diamonds across different sizes and within certain quality parameters as well as diamond studded jewellery.

Lypsa DMCC is strengthening the company’s focus on the Middle Eastern markets by ensuring top-notch diamond quality, exquisite craftsmanship, focus on innovative design and strict quality control measures.

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
Company Name CMP
Redington 327.50
Adani Enterprises 2735.00
Amrapali Industries 33.57
Maxgrow India 172.35
Rashi Peripheral 738.20
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