{"id":277290,"date":"2026-09-29T11:30:09","date_gmt":"2026-09-29T06:00:09","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=277290"},"modified":"2026-09-29T11:30:09","modified_gmt":"2026-09-29T06:00:09","slug":"royal-chain-ipo-1000-crore-drhp","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/royal-chain-ipo-1000-crore-drhp\/","title":{"rendered":"Royal Chain Files for a Rs 1,000 Crore IPO: Inside the B2B Jewellery Maker That Supplies Titan and Kalyan"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Royal Chain IPO: Rs 1,000 crore, Rs 850 crore fresh issue + Rs 150 crore OFS. FY26 profit Rs 173.3 crore, up nearly 3x. Debt Rs 820.4 crore. Filed 29 Sep 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Royal Chain IPO is a draft filing for a Rs 1,000 crore initial public offering by the Mumbai-based B2B jewellery manufacturer, comprising an Rs 850 crore fresh issue and an Rs 150 crore offer for sale. The company plans to use Rs 650 crore of the fresh issue proceeds to repay debt, against total standalone borrowings of Rs 820.4 crore. Royal Chain&#8217;s FY26 net profit nearly tripled to Rs 173.3 crore, while revenue rose more than 30 percent, and it counts Titan Company and Kalyan Jewellers among its clients. The company has not yet listed, so there is no live share price, and this article covers the filing, the business and the risks investors should weigh once pricing details emerge.<\/p>\n<\/div>\n<p>The Royal Chain IPO marks the next step for a Mumbai-based jewellery manufacturer that supplies large retailers including Titan Company and Kalyan Jewellers India, which has filed draft papers with SEBI for a Rs 1,000 crore initial public offering. The Royal Chain IPO comprises a fresh issuance of shares worth Rs 850 crore and an offer for sale by existing shareholders worth Rs 150 crore.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=royal-chain-ipo-1000-crore-drhp\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<p>The filing puts a number on a business that has scaled quickly in a single year, and this article covers what the Royal Chain IPO papers disclose about the company&#8217;s operations, financials and the risks typical of a gold jewellery manufacturer before any pricing or listing timeline is set.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/royal-chain-ipo-1000-crore-drhp\/#Royal_Chain_IPO_Structure_and_Use_of_Proceeds\" title=\"Royal Chain IPO: Structure and Use of Proceeds\">Royal Chain IPO: Structure and Use of Proceeds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/royal-chain-ipo-1000-crore-drhp\/#What_Royal_Chains_Business_Looks_Like\" title=\"What Royal Chain&#8217;s Business Looks Like\">What Royal Chain&#8217;s Business Looks Like<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/royal-chain-ipo-1000-crore-drhp\/#Royal_Chain_IPO_The_Numbers_So_Far\" title=\"Royal Chain IPO: The Numbers So Far\">Royal Chain IPO: The Numbers So Far<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/royal-chain-ipo-1000-crore-drhp\/#Risks_Around_the_Royal_Chain_IPO\" title=\"Risks Around the Royal Chain IPO\">Risks Around the Royal Chain IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/royal-chain-ipo-1000-crore-drhp\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/royal-chain-ipo-1000-crore-drhp\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/royal-chain-ipo-1000-crore-drhp\/#What_is_the_size_of_the_Royal_Chain_IPO\" title=\"What is the size of the Royal Chain IPO?\">What is the size of the Royal Chain IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/royal-chain-ipo-1000-crore-drhp\/#What_will_Royal_Chain_do_with_the_IPO_proceeds\" title=\"What will Royal Chain do with the IPO proceeds?\">What will Royal Chain do with the IPO proceeds?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/royal-chain-ipo-1000-crore-drhp\/#Who_are_Royal_Chains_clients\" title=\"Who are Royal Chain&#8217;s clients?\">Who are Royal Chain&#8217;s clients?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/royal-chain-ipo-1000-crore-drhp\/#What_were_Royal_Chains_FY26_financial_results\" title=\"What were Royal Chain&#8217;s FY26 financial results?\">What were Royal Chain&#8217;s FY26 financial results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/royal-chain-ipo-1000-crore-drhp\/#Has_Royal_Chain_listed_on_the_stock_exchanges_yet\" title=\"Has Royal Chain listed on the stock exchanges yet?\">Has Royal Chain listed on the stock exchanges yet?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/royal-chain-ipo-1000-crore-drhp\/#What_is_Royal_Chains_production_capacity\" title=\"What is Royal Chain&#8217;s production capacity?\">What is Royal Chain&#8217;s production capacity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/royal-chain-ipo-1000-crore-drhp\/#What_are_the_main_risks_in_the_Royal_Chain_IPO\" title=\"What are the main risks in the Royal Chain IPO?\">What are the main risks in the Royal Chain IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/royal-chain-ipo-1000-crore-drhp\/#Should_I_apply_for_the_Royal_Chain_IPO\" title=\"Should I apply for the Royal Chain IPO?\">Should I apply for the Royal Chain IPO?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Royal_Chain_IPO_Structure_and_Use_of_Proceeds\"><\/span><strong>Royal Chain IPO: Structure and Use of Proceeds<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table border=\"1\" cellpadding=\"6\" style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;\">Item<\/th>\n<th style=\"text-align:left;\">Detail<\/th>\n<\/tr>\n<tr>\n<td>Total issue size<\/td>\n<td>Rs 1,000 crore<\/td>\n<\/tr>\n<tr>\n<td>Fresh issue<\/td>\n<td>Rs 850 crore<\/td>\n<\/tr>\n<tr>\n<td>Offer for sale<\/td>\n<td>Rs 150 crore<\/td>\n<\/tr>\n<tr>\n<td>Debt repayment planned<\/td>\n<td>Rs 650 crore from fresh issue proceeds<\/td>\n<\/tr>\n<tr>\n<td>Total standalone borrowings<\/td>\n<td>Rs 820.4 crore<\/td>\n<\/tr>\n<tr>\n<td>Filed<\/td>\n<td>29 September 2026, with SEBI<\/td>\n<\/tr>\n<\/table>\n<p>In the Royal Chain IPO structure, most of the fresh issue money is earmarked to cut debt rather than fund new capacity, which is typical for gold jewellery manufacturers because holding large gold inventories to support production is capital-intensive and interest-heavy. Reducing Rs 650 crore of the company&#8217;s Rs 820.4 crore of standalone debt would materially lower Royal Chain&#8217;s interest burden once the Royal Chain IPO completes.<\/p>\n<p style=\"font-style:italic;color:#000000;margin:14px 0;\">Also read &#8211; <a href=\"https:\/\/univest.in\/blogs\/tata-group-stocks-fall-trusts-merger\">Tata Group Stocks Slide as Tata Trusts Proposes Folding TESS and TCE Into Tata Sons to Dodge a Listing<\/a><\/p>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"What_Royal_Chains_Business_Looks_Like\"><\/span><strong>What Royal Chain&#8217;s Business Looks Like<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Royal Chain works as an original design manufacturer, producing gold jewellery for large retail chains rather than selling directly to consumers under its own brand. Its named clients include Titan Company and Kalyan Jewellers India, two of India&#8217;s biggest organised jewellery retailers, which gives the company exposure to established, high-volume demand rather than a fragmented base of small buyers.<\/p>\n<p>The company&#8217;s annual production capacity is about 12,000 kilograms of gold jewellery. India&#8217;s B2B jewellery market is projected to nearly double by 2031, according to industry estimates cited around the filing, which is the growth backdrop Royal Chain is pointing to as it goes public.<\/p>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Royal_Chain_IPO_The_Numbers_So_Far\"><\/span><strong>Royal Chain IPO: The Numbers So Far<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table border=\"1\" cellpadding=\"6\" style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;\">Metric<\/th>\n<th style=\"text-align:left;\">FY26<\/th>\n<th style=\"text-align:left;\">FY25 (prior year)<\/th>\n<\/tr>\n<tr>\n<td>Net profit<\/td>\n<td>Rs 173.3 crore<\/td>\n<td>About Rs 63.3 crore<\/td>\n<\/tr>\n<tr>\n<td>Revenue<\/td>\n<td>Rs 4,732.5 crore<\/td>\n<td>Up 30.8% year on year<\/td>\n<\/tr>\n<tr>\n<td>Total standalone debt<\/td>\n<td>Rs 820.4 crore<\/td>\n<td>&#8211;<\/td>\n<\/tr>\n<\/table>\n<p>For a company heading into the Royal Chain IPO, profit nearly tripling on revenue growth of about 31 percent is a strong combination, though it should be read against the gold jewellery manufacturing business model, where revenue is large relative to profit because companies pass through the cost of gold itself, and true margins sit in the manufacturing and design fee rather than the metal value.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track Upcoming IPOs and Jewellery Sector Stocks on the Univest Screener<\/strong><\/a><\/p>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Risks_Around_the_Royal_Chain_IPO\"><\/span><strong>Risks Around the Royal Chain IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Thin operating margins are a risk worth flagging for the Royal Chain IPO, since jewellery manufacturers must hold significant gold inventory that is capital-intensive to carry, and any downturn in demand can leave that inventory expensive to finance. Customer concentration is a second risk: relying on a handful of large retail clients such as Titan and Kalyan means losing or renegotiating even one relationship could meaningfully affect revenue.<\/p>\n<p>Gold price volatility is the third risk, since sharp moves in bullion prices affect both the cost of inventory and consumer jewellery demand. As with any draft filing, this is an early procedural step and not evidence of a successful listing or durable investor demand, and pricing, valuation and the final structure can all change before the issue actually opens. Reports have also noted that part of the raise could support a promoter exit rather than being entirely growth capital, which investors should weigh against the company&#8217;s own use-of-proceeds disclosures once the red herring prospectus is finalised.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track the Royal Chain IPO and get alerts on new issue announcements.<\/em><\/p>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Royal Chain has filed for a Rs 1,000 crore IPO to pare down Rs 820.4 crore of debt, backed by a FY26 profit that nearly tripled to Rs 173.3 crore and a client list that includes Titan and Kalyan Jewellers. The growth is real, but thin B2B margins, customer concentration and gold price exposure are the risks that typically shape how such issues are priced. Investors tracking the Royal Chain IPO should wait for the price band and full red herring prospectus, and consult a SEBI-registered adviser before applying once the issue opens.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data independently before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"What_is_the_size_of_the_Royal_Chain_IPO\"><\/span><strong>What is the size of the Royal Chain IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Royal Chain has filed draft papers for a Rs 1,000 crore IPO, comprising an Rs 850 crore fresh issue and an Rs 150 crore offer for sale.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"What_will_Royal_Chain_do_with_the_IPO_proceeds\"><\/span><strong>What will Royal Chain do with the IPO proceeds?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> It plans to use Rs 650 crore from the fresh issue to repay debt, against total standalone borrowings of Rs 820.4 crore.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Who_are_Royal_Chains_clients\"><\/span><strong>Who are Royal Chain&#8217;s clients?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Royal Chain supplies jewellery to large retailers including Titan Company and Kalyan Jewellers India, working as an original design manufacturer.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"What_were_Royal_Chains_FY26_financial_results\"><\/span><strong>What were Royal Chain&#8217;s FY26 financial results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Net profit nearly tripled to Rs 173.3 crore and revenue rose more than 30 percent, according to the company&#8217;s draft filing.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Has_Royal_Chain_listed_on_the_stock_exchanges_yet\"><\/span><strong>Has Royal Chain listed on the stock exchanges yet?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. The company has only filed draft papers with SEBI, so there is no live share price, listing date or price band yet.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"What_is_Royal_Chains_production_capacity\"><\/span><strong>What is Royal Chain&#8217;s production capacity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The company has an annual capacity of about 12,000 kilograms of gold jewellery.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"What_are_the_main_risks_in_the_Royal_Chain_IPO\"><\/span><strong>What are the main risks in the Royal Chain IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Thin B2B margins, dependence on a few large retail clients, and exposure to gold price swings are the main risks typical of this business model.<\/p>\n<h3 style=\"font-weight:700;\"><span class=\"ez-toc-section\" id=\"Should_I_apply_for_the_Royal_Chain_IPO\"><\/span><strong>Should I apply for the Royal Chain IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No price band or listing date has been set yet. Wait for the final prospectus and consult a SEBI-registered adviser before applying.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the size of the Royal Chain IPO?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Royal Chain has filed draft papers for a Rs 1,000 crore IPO, comprising an Rs 850 crore fresh issue and an Rs 150 crore offer for sale.\"}},{\"@type\":\"Question\",\"name\":\"What will Royal Chain do with the IPO proceeds?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It plans to use Rs 650 crore from the fresh issue to repay debt, against total standalone borrowings of Rs 820.4 crore.\"}},{\"@type\":\"Question\",\"name\":\"Who are Royal Chain's clients?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Royal Chain supplies jewellery to large retailers including Titan Company and Kalyan Jewellers India, working as an original design manufacturer.\"}},{\"@type\":\"Question\",\"name\":\"What were Royal Chain's FY26 financial results?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Net profit nearly tripled to Rs 173.3 crore and revenue rose more than 30 percent, according to the company's draft filing.\"}},{\"@type\":\"Question\",\"name\":\"Has Royal Chain listed on the stock exchanges yet?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. The company has only filed draft papers with SEBI, so there is no live share price, listing date or price band yet.\"}},{\"@type\":\"Question\",\"name\":\"What is Royal Chain's production capacity?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The company has an annual capacity of about 12,000 kilograms of gold jewellery.\"}},{\"@type\":\"Question\",\"name\":\"What are the main risks in the Royal Chain IPO?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Thin B2B margins, dependence on a few large retail clients, and exposure to gold price swings are the main risks typical of this business model.\"}},{\"@type\":\"Question\",\"name\":\"Should I apply for the Royal Chain IPO?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No price band or listing date has been set yet. Wait for the final prospectus and consult a SEBI-registered adviser before applying.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Royal Chain filed for a Rs 1,000 crore IPO to cut debt, backed by profit that nearly tripled. Here is the business, the numbers and the risks.<\/p>\n","protected":false},"author":28,"featured_media":277284,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[7636,1019],"class_list":["post-277290","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ipo-news","tag-stock-market"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["277284"],"rank_math_title":["Royal Chain IPO: Mumbai Jewellery Maker Files for Rs 1,000 Cr"],"rank_math_description":["Royal Chain IPO files for Rs 1,000 crore with SEBI, earmarking Rs 650 crore for debt repayment. Financials, business model, client base and risks explained here."],"rank_math_focus_keyword":["Royal Chain IPO"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/royal-chain-files-for-a-rs-1-000-crore-ipo-inside-the-b2b-jewellery-maker-that.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/277290","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=277290"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/277290\/revisions"}],"predecessor-version":[{"id":277291,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/277290\/revisions\/277291"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/277284"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=277290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=277290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=277290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}