Showing posts with label jewellery. Show all posts
Showing posts with label jewellery. Show all posts

Thursday, January 21, 2010

Trichy Jeweller - Thangamayil Jewellery/Jewellry going public - IPO

I am really glad to hear such news about a Trichy Gold Jewellery retailer.

YES!! Trichy based Gold Jewellery retailer, Thangamayil Jewellery is going public in market and issued IPO for almost rupees 29 crores.

It is one of the leading jewellery retailers in Trichy and trades in Gold Jewellery, Diamond and Platinum jewels. It has introduced the Hallmarking practice for the first time in Trichy.

For the year ended March 31, 2009, it has reported 10% jump in its net sales.

The price band for the issue has fixed at Rs 70-75 per equity share.

The company intends to use issue proceeds for expansion of existing business by establishing retail outlets at Tuticorin, Dindigul, Theni, Nagercoil, Tirunelveli, Kovilpatti and Sivakasi, and for renovation of the existing outlet at Trichy.

Considering the increase of Gold prices and profits these companies make - it is a good idea to think about these companies for investment. Disclaimer - I am NO financial adviser.

Aimpon Jewellery/Jewelry - Five Metals - Trichy Jewellery

My wife bought aimpon anklet from Trichy last time from a Trichy jewellery shop when we visited Trichy. Aimpon was very cheap and it was around Rs.200 to Rs.300 only approximately. It was completely gold in color, but it is not actually gold. It actually looked good. But, after couple of days of use - it lost its color and it is not even like the gold covering jewelry. The anklet became completely like dark copper metal now.

I became curious and was checking out what does this metal contain. Yes, as the name says - it is Five Metals composition. Gold, Silver, Copper, Brass and Here is the description -

ஐம்பொன (aimpon)

the five kinds of metals:

பொன் — gold
வெள்ளி — silver
செம்பு — copper
பித்தளை — brass
ஈயம் — lead

Monday, April 28, 2008

Buy Gold Bars/Gold Coins in Trichy: Jewellers, Jewellery

Why Buy Gold Bars in Trichy

Gold bars are a safe haven for asset protection as well as a good future investment. Basically the value of gold does not change with regard to the goods and services you can get with its value. And ounce of gold still purchases the same value of goods and services as it did many years ago. But the amount of fiat currency which the gold value is assessed by does change and, as the economy goes through recessions and inflation, the apparency is that gold is worth more when actually it is the currency which is worth less.

A good reason to buy gold bars and not sell them.

But if you do have to sell some gold, bars are good as they are accepted anywhere in the world.

Read this website for all about gold investment

Some jewellery shops in joy alukkas and trichy.