https://en.bharatpedia.org/w/index.php?action=history&feed=atom&title=PC_JewellerPC Jeweller - Revision history2026-09-06T21:45:07ZRevision history for this page on the wikiMediaWiki 1.43.6https://en.bharatpedia.org/w/index.php?title=PC_Jeweller&diff=247115&oldid=prev->Billjones94 at 13:03, 29 August 20212021-08-29T13:03:31Z<p></p>
<p><b>New page</b></p><div>{{Infobox company<br />
| name = PC Jeweller Ltd<br />
| logo = [[Image:PC Jeweller logo.jpg|235px|PC Jeweller Ltd logo]]<br />
| type = [[Joint stock company]]<br />
| traded_as = BSE: 534809, NSE: PCJEWELLER<br />
| foundation = {{start date and age|2005}}<br />
| location_city =[[New Delhi]], [[India]]<br />
| key_people = Balram Garg<br/>{{small|(Managing Director)}}<br />
| industry = Jewellery<br />
| products = Gold, Diamond Jewellery and silver articles<br />
| revenue ={{INRConvert|20.59|b}} (2019)<br />
| homepage = {{URL|http://www.pcjeweller.com/}} <br />
}}<br />
<br />
'''PC Jeweller Limited''' (BSE: 534809) is a jeweller based in [[New Delhi]], India. It started operations in April 2005 with one showroom at [[Karol Bagh]] [[Delhi]] and 84 showrooms in India.<ref>{{Cite news|title=PC Jeweller Ltd.|work=Business Standard India|url=https://www.business-standard.com/company/pc-jeweller-33583/information/company-history|access-date=2020-05-26}}</ref> It is a first generation business promoted by two brothers- Padam Chand Gupta and Balram Garg.<ref name="businessweek">{{cite web|url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=141113258 |title=Company Overview of PC Jeweller Limited |publisher=Bloomberg Businessweek.com}}</ref> It presently has 84 stores in 70 cities and 19 states.<ref name="indiatimes">{{cite web|url=http://economictimes.indiatimes.com/pc-jeweller-ltd/infocompanyhistory/companyid-42269.cms |title=PC Jeweller Ltd. |publisher=Indiatimes.com}}</ref><br />
<br />
PC Jeweller engages in the manufacture, export, wholesale and retail of [[gold]] and [[diamond]] [[jewelry]] in India. The company's business model consists of opening large format, standalone stores at [[high street]] locations. The company sells only hall marked jewellery and certified diamond jewellery.<ref name="securities">{{cite web|url=http://www.securities.com/Public/company-profile/IN/PC_Jeweller_Ltd_en_3173446.html |title=PC Jeweller Ltd. |publisher=Securities.com}}</ref><br />
<br />
Company Board of directors announced a [[Share repurchase|share buy back]] scheme to arrest the fall of their shares in the market and later reversed their decision which led to a huge loss of wealth to its shareholders.<ref>{{Cite news|url=https://economictimes.indiatimes.com/markets/stocks/news/pc-jeweller-withdraws-rs-424-crore-share-buyback-proposal/articleshow/64979450.cms?from=mdr|title=PC Jeweller withdraws Rs 424 crore share buyback proposal|date=2018-07-13|work=The Economic Times|access-date=2019-10-29}}</ref><ref>{{Cite news|url=https://economictimes.indiatimes.com/markets/stocks/news/pc-jeweller-cracks-21-on-buyback-u-turn/articleshow/65004303.cms?from=mdr|title=PC Jeweller cracks 26% on buyback U-turn|date=2018-07-16|work=The Economic Times|access-date=2019-10-29}}</ref><br />
<br />
==Milestones==<br />
{{prose|section|date=February 2019}}<br />
*'''2005:''' P Chand Jewellers was incorporated. Showroom in Karol bagh inaugurated. <br />
*'''2007:''' Two more showrooms opened, at [[Noida]] and Panchukla (Haryana) respectively. Company also commences export operations from the manufacturing unit at the Noida SEZ.<br />
*'''2008:''' Opens two more showrooms at [[Faridabad]] and [[Dehradun]].<br />
*'''2009:''' Commences operations at the manufacturing unit in Selaqui and Dehradun. Two more showrooms opened in [[Pitampura]] (New Delhi) and [[Chandigarh]]. <br />
*'''2011:''' Company goes public limited from private. Export operations unit begin from the Noida SEZ. Eight more showrooms open in [[Ludhiana]], [[Bilaspur, Chhattisgarh|Bilaspur]], [[Pali, Rajasthan|Pali]], South Extension (New Delhi), [[Beawar]], [[Ajmer]] and [[Amritsar]]. <br />
*'''2012:''' Six more showrooms opened in [[Kanpur]], [[Rohtak]], [[Indirapuram]] (Ghaziabad), [[Rajouri Garden]] (New Delhi), [[Kingsway Camp]] (New Delhi) and Greater Kailash – 1 (New Delhi)<br />
<br />
==Awards==<br />
{{more citations needed|section|date=February 2019}}<br />
*'''2006:''' Awarded the Best Showroom award for Diamond Season by the B2C consultants, and brand architects<br />
*'''2008:''' Awarded Jeweller of the year in the Business Sphere Awards by the Business Sphere Group, Academicians Bureau Publications Private Limited.<br />
*'''2010:''' Awarded Highest Exporter and the Best Exporter in the [[Gemstone|gems]] and jewellery sector by the Noida SEZ, Department of commerce, Ministry of commerce and industry, Government of India for the year 2009-2010<br />
*'''2011:''' Awarded Highest Exporter (SEZ Unit) and the Best Exporter (Gems and Jewellery) sector by the Noida SEZ, Department of Commerce, Ministry of Commerce and Industry, Government of India for the year 2010–2011.<ref>{{Cite web|title=History of PC Jeweller Ltd., Company|url=https://www.goodreturns.in/company/pc-jeweller/history.html#1589481000|website=Goodreturn|language=en|access-date=2020-05-15}}</ref><br />
*'''2012:''' Awarded Niryat Shree Silver Trophy in the gems and jewellery non-MSME category, by the federation of Indian Export Organisations, set up by the Ministry of Commerce and Industry, Government of India for the year 2009–2010.<ref name="indiatimes" /><br />
*'''2013:''' Awarded the Large - Plain Precious Metal Jewellery’ Award at Indian Gems and Jewellery Awards<ref>{{Cite web|title=PC Jeweller bags an award at Indian Gems and Jewellery Awards|url=https://www.indianjeweller.in/Indian-Jewellery-News/4325/PC-Jeweller-bags-an-award-at-Indian-Gems-and-Jewellery-Awards|website=www.indianjeweller.in|access-date=2020-05-15}}</ref><br />
<br />
==Stores==<br />
PC Jeweller has 86 stores in 70 cities.<ref name="businessweek" /><br />
The company procures a large portion of its gold under the [[Reserve Bank of India]]'s Metal (Gold) Loan policy.<ref name="diamonds">{{cite web|url=http://www.diamonds.net/News/NewsItem.aspx?ArticleID=42293&ArticleTitle=PC+Jeweller+to+Increase+Focus+on+Diamond+Jewelry |title=PC Jeweller to Increase Focus on Diamond Jewelry |publisher=diamonds.net|date=February 8, 2013}}</ref> PC Jeweller had its [[initial public offering]] in December 2012. As of 2012 the company planned to open 20 stores each year and start opening franchise stores as well.<ref name="chittorgarh">{{cite web|url=http://www.chittorgarh.com/ipo/ipo_review.asp?a=102 |title=K.M. Global Financial Services Ltd says 'Subscribe' to PC Jeweller Ltd IPO |publisher=chittorgarh.com|date=December 11, 2012}}</ref><br />
<br />
==References==<br />
{{Reflist}}<br />
<br />
==External links==<br />
* [http://www.pcjeweller.com/ PC Jeweller Official Website]<br />
<br />
[[Category:Companies based in New Delhi]]<br />
[[Category:Jewellery retailers of India]]<br />
[[Category:Indian jewellers]]<br />
[[Category:Indian brands]]</div>->Billjones94