History


Promoters in retail jewellery business since 1970

REL is headquartered in Bangalore, India
1988 - Brothers Rajesh Mehta and Prashant Mehta joined family retail jewellery business.
1990 - Rajesh Exports established the first organized gold jewellery manufacturing facility in India.
1991 - Rajesh Exports established India's first R&D facility in the jewellery sector..
1994 - Rajesh Exports emerged as the largest exporter of jewellery from India.
1995 - Initial Public Offer (IPO) of securities to fund expansion of manufacturing facility
1995 - IPO overwhelmingly subscribed and REL securities listed and traded on the BSE and NSE
1996 - REL successfully implemented the expansion plan.
1999 - REL plans to set up world's largest manufacturing facility
2002 - REL completes the construction of the World's Largest manufacturing facility.
2003 - REL begins commercial production in the new manufacturing facility
2006 - REL achieves a sales of USD 1.5 billion.
2008 - REL establishes branded retail chain stores under the name of "Shubh Jewellers"
2009 - REL launches the Gold Revolution in the state of Karnataka through Shubh Jewellers.
2011 - REL has launched 73 Shubh Showrooms in the state of Karnataka.

 



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