Lypsa Gems & Jewellery’s wholly owned subsidiary -- Lypsa DMCC has received a new order worth Rs 15.4 crore from customers in Middle East. This order entails supply of loose diamonds as well as diamond -studded jewelry. The company expects the tenure of completion for this order to be 7 months.
Besides, in order to build its retail business, Lypsa is constantly trying to increase presence of its two brands, ‘Oropel’ and ‘Lypsa Atelier’. Future growth plans include design collaborations, brand endorsements and setting up physical retail.
As the festive season in India as well as internationally draws near, the company expects demand for loose diamonds and jewelry to increase. The company is focusing on new design development and is confident that its new collection to be released shortly will be able to attract its customers to place large orders.
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.
| Company Name | CMP |
|---|---|
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| Adani Enterprises | 2218.35 |
| Amrapali Industries | 17.53 |
| Rashi Peripheral | 455.25 |
| PDS | 301.45 |
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