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saurabh mittal

21st May · SEBI-Registered Analyst

PC Jeweller Ltd Financial and capital‑structure moves

$PCJEWELLER PC Jeweller has cut its debt by around 68% since September 2024, and management has signaled an intent to become debt‑free while continuing to scale stores and improve working‑capital efficiency. The company also reported no material deviation in the use of IPO/proceeds, in line with SEBI norms, and it has used warrant‑conversion and fresh equity (around ₹84–85 crore raised at about ₹42–₹43 per share) to strengthen its balance sheet.

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