Tara Jewels IPO to open on Nov 21

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Agencies: Mumbai, Nov 19 2012, 21:06 IST
revenue increased 22.5 per cent to Rs 1,401.05 crore in FY'12.

Sheth, who is also the promoter, holds 73.15 per cent stake in the company while Fabrikant HK Trading and Crystalon Finanz AG hold 16.36 per cent and 9.09 per cent stake, respectively.

Enam Securities Private and ICICI Securities are book running lead managers to the issue, while Link Intime India is the registrar to the issue.

The equity shares are proposed to be listed on the BSE and National Stock Exchange of India.

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