IPO - Initial Public Offers - PC Jeweller Ltd IPO - Dec 12, 2012 in IPO's & MF's - Issue Detail:
»» Issue Open: Dec 10, 2012 - Dec 12, 2012
»» Issue Type: 100% Book Built Issue IPO
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12-13-2012 10:21 PM
PC Jeweller Ltd IPO - Dec 12, 2012
Issue Detail:
»» Issue Open: Dec 10, 2012 - Dec 12, 2012
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 45,133,500 Equity Shares of Rs. 10
»» Issue Size: Rs. 564.17 - 609.30 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. 125 - Rs. 135 Per Equity Share
»» Market Lot: 90 Shares
»» Minimum Order Quantity: 90 Shares
»» Listing At: BSE, NSE
Objects of the Issue:
The object of the issue are to:
1. Finance establishment of new showrooms; and
2. General corporate purposes.
Company Promoters:
Company's promoters are:
1. Mr. Padam Chand Gupta and
2. Mr. Balram Garg
Incorporated in 2005, PC Jeweller Ltd is an established jewellery retailer in North India. Company's operations include the manufacture, retail and wholesale of jewellery. PCJ offers a wide range of products including gold jewellery, diamond jewellery and other jewellery including silver articles. They provide 100% Hallmarked jewellery and Certified Diamond jewellery.
In addition to their retail operations, they also sell gold and diamond jewellery on a wholesale basis to other jewellery retailers in India. They also export gold and diamond jewellery on a wholesale basis to international distributors in Dubai, Hong Kong and Singapore.
PC Jeweller have 30 showrooms under the "PC Jeweller" brand located across 23 cities in north and central India. Company is planning to expand their showroom network across India by adding 20 more in next two years, including in southern and western parts of India. They have manufacturing facilities at 5 locations.
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