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Shankesh Jewellers set for Aug. 25 listing after ₹367 crore IPO
Shankesh Jewellers is scheduled to list on NSE and BSE on August 25 following a Rs 367.18 crore IPO. The company plans to use fresh-issue proceeds primarily for Rs 158 crore of debt reduction and Rs 38 crore of working capital.
Newer report , , Mint : Shankesh Jewellers hits ₹116 record high, up 18% intraday
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Reported figures
From the report. Source details below
| Fresh issue: | 2.95 crore shares worth Rs 274.18 crore |
|---|---|
| Offer for sale: | 1 crore shares worth Rs 93 crore |
| Price band: | Rs 88-Rs 93 per share |
| Overall subscription: | 2.80 times |
The source
First seen