Private Equity

Liquidity Events

Warburg Pincus sells Kalyan Jewellers shares worth Rs.725 Cr; registers 1.95x return

Stock Exchange Data  

Warburg Pincus has sold a 6.22% stake in publicly-listed Kalyan Jewellers India Ltd on Jun 16, 2023. The sale aggregates to INR 725 crore. Post the sale, Warburg would hold a 17.59% stake in the company.

From the Venture Intelligence PE-VC Deal Database: In Oct 2014, Warburg Pincus invested INR 1,200 crore for 24% stake. In Apr 2017, it invested additional INR 500 crore. The company went public in Mar 2021 and Warburg Pincus made a part exit as part of the IPO.