Grover Jewells Ltd

Grover Jewells Limited was originally incorporated as a Private Limited Company as 'Grover Chain Private Limited' on October 12, 2021 with the Registrar of Companies, Central Registration Centre. The name of the Company has been changed to 'Grover Jewells Private Limited' pursuant to a Certificate of incorporation issued by Central Processing Centre on February 17, 2025. Subsequently, it was converted into public Company and the name was changed to 'Grover Jewells Limited' vide a fresh Certificate of Incorporation dated April 02, 2025. The Company commenced its business with a specialization in the large-scale manufacturing of gold chains, serving both wholesale and retail markets. Company operate a fully integrated, in-house gold jewellery manufacturing facility located at Delhi. At present, it is engaged in manufacturing and sale of gold ornaments. Company started its business in 2010, under a proprietorship model named 'Grover Chain Company'. The enterprise began with a modest setup of two machines in a small workshop and gradually built a reputation for reliability within the jewellery manufacturing industry. By 2017, Grover Chain Company had achieved Rs 20 crore in turnover. This period marked the beginning of aggressive expansion into new markets, driven by a growing demand for its diverse jewellery offerings. Subsequently, the Company tookover the Proprietorship Concern, i.e., Grover Chain Company w.e.f. November 11, 2021. By 2024, Grover Jewells had expanded its product portfolio, offering a wide range of jewellery ranging from gold chains to casting and Italian-style designs - all produced under one roof through its in-house manufacturing facilities. Company is planning to issue 38,44,800 Equity Shares of face value Rs 10 each by way of IPO through Fresh Issue.