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Goldiam | Concall
a. Plans to open 150-200 stores in 5 years
b. Business expected to double in ~4 years
c. Strong LGD adoption in the US; India yet to catch up
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Goldiam International’s Anmol Bhansali On Expansion Plans, US Business & More
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Any idea why are they granting ESOPs at less than 1/6th the current market price (Rs. 389)
The Nomination and Remuneration Committee
has approved the grant of 83,333 employee
stock options to the eligible employee under
Goldiam Employee Stock Option Scheme 2024,
within the shareholders approved limit of
10,00,000 options
Exercise price per option shall be Rs. 60/-
(Rupees Sixty Only).
Ref: Intimation of grant of ESOS by Nomination and Remuneration Committee | 7 Mar 2025
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This perhaps is the first ESOP grant in the company’s history. This now when the company is very much confident of it’s future and clear road map laid ahead, they may want eligible emplyees to be part of this journey and get rewarded.
IMO, this is an enouraging step for the employees and somewhat for investors too (somewhat refers ‘increase in no. of shares which could dilute EPS’).
All in all a good step.
Disc - Invested
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Vivek Oberoi LGD compny Solitario going for IPO… interesting development…
They also secured pre ipo funding..
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The ongoing geopolitical tensions impacting jewellery demand in key export markets like the US, China and the G7 nations.
Exports of polished lab-grown diamonds in February 2025 dipped by 19.58% to ₹975 Cr. against ₹1,155 Cr. in the same period of the previous year.
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Goldiam do not export loose lab grown diamond…they export lab grown diamond studded jewellery…article talks about Gems And Jewellery export decline but silent about lab grown diamond jewellery…also in terms of value decline because downward trend in natural diamond prices also.
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This company seems proactive and knows the USA market apparently better than any LGD player from India. Let’s see if they set up manufacturing in the USA, if they do then big positive.
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Suprised to see little correction despite the news on tariffs. What could be the reason for the same? It does seem like this move would impact margins adversely. What am I missing?
You jinxed it. But I think today was collateral damage to all the stocks.
Plus goldiam is diversifying into india with all the LGD stores
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there’s a catch though, the management plan was to fund India store expansion from the money made through selling LGDs to US. That will be impacted. They may have to look at additional avenues for fundraising now.
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IMO this should be seen in the context of.. firstly, decline in prices of natural diamonds as well as LGDs during the reporting period and secondly… considerable increase in Gold and Silver prices..
netting off .. the volume might have increased a bit with reasonable margin stability..below article is interesting..
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