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of <h1>Jewelry Retailer Seeks Public Investment to Reduce Promoter Stake and Repay Debt Through Upcoming Share Offering</h1> A jewelry retail and wholesale company is launching an Initial Public Offering (IPO) from May 5-7, 2025. The issue size is 30 lakh equity shares at 54 per share, aiming to raise 16.20 crore. The company will list on the BSE SME Platform, with proceeds intended for debt repayment and corporate purposes. The IPO will reduce promoter shareholding from 94.99% to 63.28% post-issue.
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