Baanganga Gold & Diamond files DRHP for 720 crore rupee IPO
Headline by Prism · from 1 report
Baanganga Gold & Diamond has filed a draft red herring prospectus for a 720 crore rupee initial public offering.
The brief
Written by software from the 1 report below.
- Baanganga Gold & Diamond filed a draft red herring prospectus with the Securities and Exchange Board of India for an initial public offering.
- The company intends to raise 540 crore rupees through a fresh issue of shares and 180 crore rupees through an offer for sale.
- Proceeds from the fresh issue will primarily support working capital requirements across three fiscal years.
- This filing signifies the company's intent to become a publicly traded entity on the Indian stock market.
Coverage
1 outlet
All filed from India
NamedIndia · Aditya Birla Group · Bhima Enterprises · Joyalukkas India · Kalyan Jewellers · Malabar Gold and Diamonds · Novel Jewels · P N Gadgil Jewellers · Securities and Exchange Board of India · Baanganga Gold & Diamond · CareEdge · DAM Capital Advisors Ltd. · Jinesh Navratanmal Ganna
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