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Kalyan Jewellers is an Indian multinational jewellery company, headquartered in Thrissur, Kerala. It was founded in 1993 by T. S. Kalyanaraman . [ 1 ] As of July 2024, Kalyan Jewellers operates 277 showrooms across India and the Middle East.
The financial services giant's share price soared 37% in 2024. Despite this exceptional return, the stock remains attractively valued with a forward earnings multiple of around 9.6.
He started his first jewellery shop named Kalyan Jewellers in Thrissur City in 1993 with a capital of ₹50,00,000. Later, he expanded the business to 32 showrooms all over South India. In 2024, Forbes magazine's latest annual tally of billionaires has listed Kalyanaraman in 622th position with a net worth of US$5.4 billion. [2]
In 2017 Kalyan Jewellers, an Indian jewellery store chain owned by the Kalyan Group invested in Candere forming a partnership between both. Kalyan Group purchased the stakes and the equity held by Singularity Strategic in Candere and some part held by its founder, for a sum of 40 crores.
Create, share, or subscribe to a calendar Learn how to stay in touch with the people in your life by creating, sharing, or subscribing to a calendar. Calendar · Oct 28, 2023
Kalyan Sarees was founded in 1992 by T. S. Ramachandran, [2] [3] the grandson of T. S. Kalyanarama Iyer who founded Kalyan in 1909. [ 4 ] [ 5 ] First showroom opened in Thrissur , followed by showrooms in Coimbatore, Kannur , Thiruvananthapuram and Kozhikode .
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