PC Jeweller allots shares worth Rs 91 cr to anchor investors
Mirae Asset Global Investment (7.72 per cent), the company said.
Other investors like Goldman Sachs lndia Fund, HSBC Tax Saver Equity Fund, Birla Sunlife, Tata AIA Life Insurance were allocated 5.51 per cent each, it added.
The IPO would constitute 25.2 per cent of the post-issue paid-up equity share capital of the company. The company is offering a discount of Rs 5 to retail individuals.
The shares are proposed to be listed on the National Stock Exchange (NSE) and the BSE. SBI Capital Markets and Kotak Mahindra are the book running lead managers to the IPO.
In September last year, PC Jeweller had filed the draft document with market regulator SEBI for its IPO to raise funds for expansion and working capital requirement.
At present, the company has 30 showrooms across the country and it has plans to open 20 new retail showrooms by utilising funds raised through IPO.
The Delhi-based jeweller had posted a turnover of about Rs 3,000 crore in 2011-12 fiscal.
Be the first to comment.
