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Jul 15, 2007

Renaissance Jewellery IPO - Files for DRHP with SEBI


Renaissance takes pride in their modern design studio complete with a state-of-the-art CAD/CAM facility. their dedicated team of 40 designers is, well versed on the latest international trends and contributes at least 500 innovative designs monthly to their ever-expanding portfolio of over 25,000 styles. The majority of their current models are produced using CAD/CAM to ensure precision.IPO DetailsPublic issue of 5,324,240 equity shares (“equity shares”) of rs. 10 each for cash at a price of rs. [􀁺] per equity share along with one detachable warrant for every two equity shares aggregating to rs. [􀁺] million (the “issue”) by renaissance jewellery limited (“renaissance” or “rjl” or “the company” or “our company” or “the issuer”). The issue of equity shares will constitute 29.00% of the fully diluted post-issue paid-up equity share capital of our company prior to exercise of detachable warrants and the issue shall constitute 37.99% of the paid-up equity share capital of our company after exercise of detachable warrants, assuming full exercise of detachable warrants.