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Lalithaa Jewellery Mart targets ₹1,700 crore in IPO; Shankesh Jewellers eyes ₹367 crore

Jewellery retailers Lalithaa Jewellery Mart and Shankesh Jewellers will launch IPOs next week, targeting ₹1,700 crore and ₹367 crore respectively. Lalithaa’s issue includes ₹1,200 crore fresh equity and a ₹500 crore OFS, supporting expansion and other corporate uses.

Newer report , , Hindustan Times : Lalithaa Jewellery Mart closes 24% above IPO price in market debut

07:30 IST · 10 moves · what each means · free

Reported figures

From the report. Source details below

  • ₹5,600 crore combined fundraising target across six IPOs
  • ₹190-201 Lalithaa IPO price band
  • ₹88-93 Shankesh Jewellers IPO price band

The source

Source Read the source at The Hindu BusinessLine

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