Diamond Mirror

In a move that signals growing maturity and structure within the lab-grown diamond (LGD) market, KIRA, part of the Kiran Family group, has announced its first-ever Polished LGD Tender, scheduled to take place in early December at its Mumbai Bharat Diamond Bourse (BDB) office.

The initiative brings a more disciplined, transparent, and organised framework to the trading of non-certified polished LGDs, a segment that has seen rising demand among manufacturers, wholesalers, and retailers seeking consistent supply and competitive pricing.

A Structured Approach to Polished LGD Trading

The tender will feature non-certified parcels ranging from 0.18 to 7 carats and above, offered in white as well as fancy colours, with a wide mix of shapes. For many buyers, this type of curated assortment allows for efficient sourcing in a market where polished LGD availability can be scattered across sellers and formats.

By bringing these assortments together under a controlled tender process, KIRA aims to streamline access while ensuring fairness in pricing through a sealed-bid format.

Viewing and Tender Dates Announced

The company has outlined the following schedule:

Viewing Dates: 4th, 5th, and 6th December
Location: KIRA’s BDB Office (By appointment only)
Tender Close: 8th December, 2:00 PM IST

This hybrid model — physical viewing combined with digital submission — reflects a growing trend in the diamond sector, where traditional inspection methods coexist with the efficiency of online tendering.

Industry Collaboration at the Core

A spokesperson from KIRA noted that the tender is “a simple initiative, but one designed to add clarity, convenience, and value for partners who work closely with us.” The team expects robust participation from domestic and international buyers, many of whom will be present at the BDB premises during the viewing days.

KIRA has also expressed interest in gathering feedback from attendees, with plans to refine and possibly expand the tender format in future editions. As the LGD sector continues its rapid evolution, structured events like these contribute to creating a more cohesive ecosystem, benefiting both suppliers and buyers.


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KIRA Announces Its First Polished LGD Tender at Mumbai BDB Office In a move that signals growing maturity and structure within the lab-grown diamond (LGD) market, KIRA, part of the Kiran Family group, has announced its first-ever Polished LGD Tender, scheduled to take place in early December at its Mumbai Bharat Diamond Bourse (BDB) office. The initiative brings a more disciplined, transparent, and organised framework to the trading of non-certified polished LGDs, a segment that has seen rising demand among manufacturers, wholesalers, and retailers seeking consistent supply and competitive pricing. A Structured Approach to Polished LGD Trading The tender will feature non-certified parcels ranging from 0.18 to 7 carats and above, offered in white as well as fancy colours, with a wide mix of shapes. For many buyers, this type of curated assortment allows for efficient sourcing in a market where polished LGD availability can be scattered across sellers and formats. By bringing these assortments together under a controlled tender process, KIRA aims to streamline access while ensuring fairness in pricing through a sealed-bid format. Viewing and Tender Dates Announced The company has outlined the following schedule: Viewing Dates: 4th, 5th, and 6th December Location: KIRA’s BDB Office (By appointment only) Tender Close: 8th December, 2:00 PM IST Bidding via one-time sealed submission on the KIRA portal This hybrid model — physical viewing combined with digital submission — reflects a growing trend in the diamond sector, where traditional inspection methods coexist with the efficiency of online tendering. Industry Collaboration at the Core A spokesperson from KIRA noted that the tender is “a simple initiative, but one designed to add clarity, convenience, and value for partners who work closely with us.” The team expects robust participation from domestic and international buyers, many of whom will be present at the BDB premises during the viewing days. KIRA has also expressed interest in gathering feedback from attendees, with plans to refine and possibly expand the tender format in future editions. As the LGD sector continues its rapid evolution, structured events like these contribute to creating a more cohesive ecosystem, benefiting both suppliers and buyers.