Master Chains N Jewels files IPO papers for ₹400 crore fresh issue
Gold jewellery manufacturer and wholesale distributor Master Chains N Jewels has filed draft IPO papers with SEBI. The issue comprises a fresh issue of up to ₹400 crore and an offer for sale of up to 59.06 lakh equity shares, with proceeds earmarked for working capital and general corporate purposes.
Gold jewellery manufacturer and wholesale distributor Master Chains N Jewels filed IPO papers for a ₹400 crore fresh issue plus promoter OFS. Proceeds will fund working capital and general corporate purposes; the company distributes jewellery across India.
Why this matters
No related recent signals were provided; the SEBI draft filing marks Master Chains N Jewels' reported move toward a public offering.
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