Kalyan Jewellers
From Wikipedia, the free encyclopedia
 | |
 | |
| Company type | Public |
|---|---|
| BSE: 543278 NSE: KALYANKJIL | |
| Industry | Retail; Gems & Jewellery |
| Founded | 1993; 33 years ago (1993) |
| Founder | T. S. Kalyanaraman |
| Headquarters | Thrissur, Kerala, India |
Number of locations | 315+ showrooms |
Area served | Worldwide |
Key people | T. S. Kalyanaraman (MD) |
| Products | Gold, Diamond, Silver, Platinum, Gemstone jewellery |
Number of employees | 12,000+ |
| Parent | Kalyan Jewellers India Limited |
| Subsidiaries | Candere, Kalyan Matrimony |
| Website | kalyanjewellers |
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 2025, Kalyan Jewellers operates more than 315 showrooms across India, Middle East and the US.[2][3]
Kalyan Jewellers was established by T. S. Kalyanaraman, leveraging his family's experience in the textile and retail industries. The first store opened in Thrissur, Kerala in 1993. Following the success of the initial store, Kalyanaraman's sons, Rajesh Kalyanaraman and Ramesh Kalyanaraman, joined the family business.
Kalyan Jewellers expanded into major metropolitan areas as well as tier-2 and tier-3 cities in India. It has over 200 stores in India and a presence in the Middle East, with stores in the UAE, Qatar, Oman and Kuwait. The company's international expansion aims to cater to the Indian diaspora.
In 2014, Warburg Pincus picked up a minority stake in Kalyan Jewellers for ₹700 crore and a second tranche of ₹500 crore in 2017.[4]
In 2021, Kalyan Jewellers went public with an initial public offering (IPO).[5][6]
In 2022, the company onboarded Vinod Rai as its chairperson and independent non-executive director. Vinod Rai was the former Comptroller and Auditor General of India (CAG) and the former chair of the United Nations Panel of External Auditors.[7]
Candere
In 2017, Kalyan Jewellers acquired a majority stake in Candere, an e-commerce jewellery platform. This acquisition enabled Kalyan Jewellers to establish an online presence. In May 2024, Kalyan Jewellers fully acquired Candere, which now operates as a retail brand offering jewellery through both its website and retail stores.[8]
References
- ↑ "Kalyan Jewellers - Overview and history of the company".
- ↑ Jewellers, Kalyan. "Kalyan Jewellers". Kalyan Jewellers. Retrieved 11 July 2025.
- ↑ Ghosal, Sutanuka (5 July 2024). "Kalyan Jewellers to enter US market, plans 70 new showrooms globally". The Economic Times. Archived from the original on 2 September 2024.
- ↑ "Warburg Pincus announces Rs 500 crore investment in Kalyan Jewellers". The Economic Times. 3 April 2017. ISSN 0013-0389. Retrieved 1 October 2024.
- ↑ "Kalyan Jewellers IPO opens today: Everything you need to know". The Indian Express. 16 March 2021. Retrieved 1 October 2024.
- ↑ Stock exchange, Bombay. "Kalyan Jewellers IPO BSE" – via BSE Official.
- ↑ "Ex-CAG Vinod Rai appointed as Kalyan Jewellers India chairman". Business Today. 28 March 2022. Retrieved 1 October 2024.
- ↑ "Kalyan Jewellers acquires remaining 15% stake in Candere for Rs 42 crore - CNBC TV18". CNBCTV18. 3 June 2024. Retrieved 1 October 2024.
