Renaissance Jewellery Limited (RJL) is in the business of manufacture and sale of studded gold, platinum and silver jewellery. Renaissance product profile includes rings, earrings, pendants, bracelets, necklaces, etc. which are manufactured using polished diamonds, precious and other semi precious stones which are set in precious metals like gold, platinum and silver. Renaissance has three manufacturing units, two in Mumbai and one at Bhavnagar, Gujarat.
Objects of the Issue:
# The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital To fund capacity expansion at our Bhavnagar and Mumbai units;
# To investment in foreign subsidiary;
# To increase company's working capital
Renaissance Jewellery Limited | |||
Issue Period | November 19, 2007 to November 21, 2007 | Issue Price | Rs. 125 to Rs. 150 |
Issue Size | 5,324,240 Equity Shares | Listing | BSE and NSE |
Issue Type | 100% Book Building | Book Running Lead Manager | Edelweiss Capital Limited |
Face Value | Rs. 10/- | Name of the registrar | Intime Spectrum Registry Ltd |
1 comment:
[...] Details of the issue are available at http://www.investorsouk.com/ipo/2007/11/15/renaissance-jewellery-limited-ipo-opens-on-november-19th-... [...]
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