Renaissance Jewellery IPO opens on Nov 19

Renaissance Jewellery IPO : Renaissance Jewellery will enter the capital markets with an Initial Public offer of 5,324,240 equity shares of Rs 10 each with the price band of Rs 125 to Rs 150.

Renaissance Jewellery IPO Details

IPO Opening Date : 19th November, 2007.

IPO Closing Date : 21st November, 2007.

IPO Offer Price : Rs 125 - 150.

Renaissance Jewellery IPO Grading : The initial public offer of Renaissance Jewellery has been graded by the ICRA and the agency has assigned ‘IPO Grade 2′ to the IPO which indicates below average fundamentals.

Book Running Lead Manager to the Renaissance Jewellery IPO is Edelweiss Capital Limited and the Registrar to the Renaissance IPO is Intime Spectrum Registry Limited.

Being a small issue and taking into account the IPO Grade assigned by ICRA , investors can skip to apply in the Renaissance Jewellery IPO and can apply in other quality issues which are soon going to hit the markets.

For more information regarding the Renaissance Jewellery IPO, Subscription and Allotment news do check our blog regularly.

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