Kalyan Jewellers India has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO) worth Rs 1,750 crore.
The proceeds from the fresh issue of shares would be utilised for working capital requirements and general corporate purpose. Global Co-ordinators and Book Running Lead Managers to the offer are Axis Capital, Citigroup Global Markets India, ICICI Securities and SBI Capital Markets. The Book Running Lead Manager is BOB Capital Markets.
Kalyan Jewellers designs, manufactures and sells a wide range of gold, studded and other jewellery products.
