| Gold Jewellery Manufacturing | Manufacturing and designing of 22K plain and studded, and 18K rose gold jewellery for wholesale sectors. | Integrated manufacturing facility, proprietary B2B portal, strong dealer network. | Primarily B2B wholesale dealers and retail chains across India. | Customized and rose gold jewellery segments show higher margins. | 194 | 88 | Sales of finished jewellery products to wholesale dealers, showrooms, and corporates. | Bulk sales on negotiated terms with dealers; price influenced by gold rates. | Increasing demand for gold jewellery, new digital B2B portal enhancing order volumes. | Vismaya Gold |
| Silver Jewellery and Retail (Esthara Jewels) | Silver fashion jewellery sold through B2C digital platform and physical retail stores. | First mover advantage in tech-enabled silver jewellery retail, brand launch Esthara Jewels. | End consumers in fast-moving silver jewellery segment. | Exclusive designs and retail sales. | 26 | 12 | Sales via D2C e-commerce and retail outlets. | Retail pricing with margin premiums in silver jewellery. | New product launch capturing silver jewellery market demand, omni-channel retail approach. | Esthara Jewels |
