Goenka Diamonds retail its diamond jewellery under two brands CERES and G WILD. Company retail high end diamond jewellery under the CERES brand targeting the top-end segment of the society while G WILD focuses on internationally designed diamond jewellery targeting the youth.
Objects of the Issue:
The objects of this Issue are to
1. Meet the expenses of establishing stores for our G WILD brand (¯G WILD Stores);
2. Meet the expenses of establishing stores for our CERES brand (¯CERES Stores);
3. Meet working capital requirements for jewellery business;
4. Meet the expenses of establishing a jewellery manufacturing facility in Mumbai;
5. Meet the expenses of establishing a diamond processing facility in Mumbai; and
6. Further invest in the equity capital of our Subsidiary.
Issue Detail:
»» Issue Open: Mar 23, 2010 - Mar 26, 2010
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 10,000,000 Equity Shares of Rs. 10
»» Issue Size: Rs. 135.00 - 145.00 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. 135 - Rs. 145 Per Equity Share
»» Market Lot:
»» Minimum Order Quantity:
»» Listing At: BSE, NSE
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