Eighty Jewellers became the 370th firm to list on the BSE SME Platform. Eighty Jewellers Ltd launched an initial public offering (IPO) of 27,00,000 Rs.10 Equity Shares for cash at Rs 41 per equity share, raising Rs 11.07 crore. On April 5, the firm successfully completed its first public offering. Eighty Jewellers Ltd is a corporation established in Chhattisgarh with its registered office in Raipur.
Under the brand name Anopchand Tilokchand Jewellers, the firm trades in gold, silver, diamonds, and platinum jewellery, decorations, watches, and luxury products. The company follows a B2B business strategy, supplying jewellery to a Chhattisgarh Sales Corp sub-franchisee shop in Korba and serving as a wholesaler to the Grand Bhagwati Store in Bilaspur. Hem Securities Ltd, located in Mumbai, was the primary manager for Eighty Jewellers.
