<ul><li>Malabar Gold & Diamonds, a Kerala-based jewellery retailer, aims to list the company in 2027-28 for a stock market debut.</li><li>The company targets a 20% increase in revenue for the current fiscal year, despite a surge in gold prices, with plans to open 60 new stores in India and 30 outlets abroad.</li><li>Malabar Gold currently operates 391 showrooms across India and internationally, developing new business strategies to retain customers amidst rising gold prices.</li><li>Legal preparations for the stock market listing are underway, with the aim to consolidate subsidiaries and LLPs before proceeding with the initial public offering.</li></ul>

Malabar Gold Eyes Listing In FY28, Targets 20% Revenue Jump

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