Renaissance Jewellery IPO : Renaissance Jewellery Opens on Nov 19
Renaissance Jewellery IPO Issue Size: 67 – 80 Crs
IPO Opening Date: Nov 19,2007
IPO Closing Date : Nov 21,2007
Offer Price: 125 – 150.RS
ICRA assigned `IPO Grade 2` to the proposed initial public offering Renaissance Jewellery (RJL) indicating below average fundamentals. The IPO grading assigned by ICRA takes into account the significant experience of RJL`s promoters and its management in the diamond studded jewellery industry and the advantages available to the company on account of its being located in SEZ.
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