Private Equity

Liquidity Events

Warburg Pincus sells Kalyan Jewellers shares worth Rs.257-Cr; registers 1.9x return

Stock Exchange Data  

Warburg Pincus has sold a 2.26% stake in publicly-listed Kalyan Jewellers harvesting INR 256.68 crore. Post the sale, Warburg would hold a 24.10% stake in the company.

From the Venture Intelligence PE-VC Deal Database: In Oct 2014, Warburg Pincus invested INR 1200 Cr for 24% stake. In Apr 2017, it invested additional INR 500 Cr. The company went public in Mar 2021 and Warburg Pincus made a part exit as part of the IPO.