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Thangamayil Jewellery Ltd.

BSE: 533158 Sector: Consumer
NSE: THANGAMAYL ISIN Code: INE085J01014
BSE 00:00 | 28 Jan 1156.15 -49.70
(-4.12%)
OPEN

1260.40

HIGH

1260.40

LOW

1108.00

NSE 00:00 | 28 Jan 1154.05 -54.65
(-4.52%)
OPEN

1190.00

HIGH

1200.00

LOW

1103.00

OPEN 1260.40
PREVIOUS CLOSE 1205.85
VOLUME 1817
52-Week high 1520.00
52-Week low 575.00
P/E 35.81
Mkt Cap.(Rs cr) 1,586
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 1260.40
CLOSE 1205.85
VOLUME 1817
52-Week high 1520.00
52-Week low 575.00
P/E 35.81
Mkt Cap.(Rs cr) 1,586
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Thangamayil Jewellery Ltd. (THANGAMAYL) - Company History

Thangamayil Jewellery Ltd is one of the leading jewellery retailers in Madurai Tamil Nadu. The company trades in Gold Jewellery Diamond and Platinum jewels. They sell variety of ornaments like Gold chains Necklaces Bangles Ear Studs Nose Rings Waist Belts Kasu Malai Finger Rings Bracelets and other items fitting to the taste of the customers. The company is one of the oldest retailers having established customer base of over 100000 customers.The ornaments are made to order as per specific requirements by the customer and the same are manufactured at the company's unit near Madurai. Further the gold jewels are bought readymade from various dealers situated in the states of Andhra Pradesh Gujarat Kerala and West Bengal according to the designs models and current fashions and demand in the market for sale at the counters.The company introduced the Hallmarking practice for the first time in Madurai and also conducted an awareness campaign introducing this concept to the customers in the market serviced by the company. They are having their showroom at Netaji Road Madurai. The showroom is housed in a three storied set up in total area of 11416 sq ft.Thangamayil Jewellery Ltd was incorporated in the year 2000 as a private limited company with the name Thangamayil Jewellery Pvt Ltd. Prior to the formation the business was carried on by the promoters of the company in the name of Balu Jewellery as a partnership concern. Since 1984 the company is in the business of manufacturing and trading of jewellery.In May 2001 the company purchased the Gold Assaying Machine to ensure quality of gold ornament through laser technology. In June 2001 they opened their exclusive showroom for Diamond and other precious stones at Madurai. In August 2001 they obtained BIS hallmarking license.In May 2003 the company initiated the concept of 'Akshya Thritiyai' with the help of world gold council and helped in a breakthrough in gold jewellery market. In January 2006 they registered 'Thangamayil' as a trademark.During the year 2007-08 the company acquired the business of Thangamayil Gold and Diamond Pvt Ltd as per the agreement dated August 31 2007. During the year 2008-09 they took over the business of Silvears Jewellery Pvt Ltd as per the business transfer agreement dated August 01 2008.During the year 2008-09 the company opened their showrooms at Rajapalayam Karaikudi and Ramanathpuram. Also in November 2009 they opened a showroom at Dindigul.The company is taking steps to open their showrooms at Trichy Tuticorin Theni Nagercoil Tirunelveli Kovilpatti and Sivakasi.

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