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NSE
33.80
Change Change %
-0.30 -0.88%

Updated:16 Aug, 2019, 15:59 PM IST

BSE
33.70
Change Change %
-0.40 -1.17%

Updated:16 Aug, 2019, 16:01 PM IST

PC Jeweller was incorporated on April 13, 2005 in New Delhi under the Companies Act, 1956, as amended (“Companies Act”) as a private limited company under the name ‘P Chand Jewellers Private Limited’ with the Registrar of Companies, National Capital Territory of Delhi and Haryana (“RoC”). The Company was converted into a public limited company, pursuant to a resolution passed by the shareholders on July 5, 2011, following which it’s name was changed to‘PC Jeweller Limited’, and a fresh certificate of incorporation was issued by the RoC on August 2, 2011.

Business of the Company

PC Jeweller is one of the leading jewellery companies in India in the organized jewellery retail sector. Its operations include the manufacture, retail and export of jewellery. The company has developed a strong brand in north and central India markets. It offers a wide range of products including gold jewellery, diamond jewellery and other jewellery including silver articles, with a focus on diamond jewellery and jewellery for weddings. All the showrooms of the company are operated and managed by the company, with the exception being Chandigarh showroom, which is operated and managed by a third party.

In addition to the sale of jewellery through showrooms, the company also sells gold and diamond jewellery through online sales on website. It also exports gold and diamond jewellery on a wholesale basis to international distributors in Dubai and Hong Kong.

The company has established its own jewellery manufacturing facilities. It also has two jewellery manufacturing facilities in Selaqui, Dehradun, Uttarakhand that cater to sales in India. Additionally, the company also has set–up two jewellery manufacturing facilities at the Noida SEZ, Uttar Pradesh, that cater to export sales. In addition, in November,2011, the company commenced manufacturing operations at an additional 34,000 sq.ft. jewellery manufacturing facility in Noida, Uttar Pradesh, to further increase their manufacturing capabilities.

In 2013 PC Jeweller unveiled new line of jewellery called ‘SPECTRUM’ at all its showrooms across the country. The company has introduced the same, keeping in mind the shift towards light and easy to wear jewellery amongst younger and working population.

Major Events:

2005: Company was incorporated as ‘P Chand Jewellers Private Limited’

  • Opening of showroom at Karol Bagh (New Delhi)

2006: Opening of two showrooms at Noida and Panchkula (New Delhi)

  • Commencement of export operations from the manufacturing unit at the Noida SEZ

2008: Opening of two showrooms at Faridabad and Dehradun

2009: Commencement of operations at the manufacturing unit in Selaqui, Dehradun

  • Opening of two showrooms at Pitampura (New Delhi) and Chandigarh

2010: Commencement of operations at the second manufacturing unit at Selaqui, Dehradun

  • Opening of nine showrooms at Preet Vihar (New Delhi), Ghaziabad, Gurgaon, Lucknow, Indore, Bhopal, Raipur, Jodhpur and Bhilwara

2011: Conversion of Company from a private limited company to a public limited company

  • Commencement of operations from the second export unit in the Noida SEZ
  • Opening of eight showrooms at Ludhiana, Haridwar, Bilaspur, Pali, South Extension (New Delhi), Beawar, Ajmer and Amritsar
  • Commencement of operations at the manufacturing unit in Noida

2012: Opening of six showrooms at Kanpur, Rohtak, Indirapuram (Ghaziabad), Rajouri Garden (New Delhi), Kingsway Camp (New Delhi) and Greater Kailash–I (New Delhi)

Awards, certifications and recognitions:

2006: Company was awarded the ‘Best Showroom’ award for Diamond Season 2005 by the B2C Consultants, brand architects.

2008: Company was awarded “Jeweller of the Year” in the Business Sphere Awards by the Business Sphere Group, Academicians Bureau Publications Private Limited.

2011: Company was awarded “Highest Exporter” and “Best Exporter (Gems and Jewellery Sector)” by the Noida SEZ, Department of Commerce, Ministry of Commerce and Industry, GoI for the year 2009–2010.

The company was awarded “Highest Exporter (SEZ Unit)” and “Best Exporter (Gems and Jewellery Sector)” by the Noida SEZ, Department of Commerce, Ministry of Commerce and Industry, GoI for the year 2010–2011.

2012: The company was awarded 'Niryat Shree Silver Trophy' in the Gems & Jewellery non–MSME category, by the Federation of Indian Export Organisations, set up by the Ministry of Commerce and Industry, GoI, for the year 2009–2010

2013: Unveiled new line of jewellery called ‘SPECTRUM’

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