The IPO of Tara Jewels is set to hit the capital market today from
Wednesday, November 21, 2012. The Equity shares under the IPO would be
offered with a price band of Rs.225/- to Rs.230/- per equity share
Tara Jewels Limited is engaged in the business of jewellery manufacturing, export and retailing. Tara Jewels is among the top India based Jewel exporter to global markets. The products of Tara Jewels include fashion, bridal and handmade bespoke jewellery. Tara Jewels has 4 manufacturing units; 3 in India and 1 in China. Company has over 1800 employees
CARE has assigned an IPO Grade 3 to Tara Jewels Ltd IPO. This means as per CARE, company has 'Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals
The details of the IPO are as under:
Tara Jewels IPO Details:
Issue Size: 7,977,778 Equity Shares of Rs. 10 each
Issue opens on: Nov 21, 2012
Issue closes on: Nov 23, 2012
Price Band: Rs.225/- to Rs.230/- per equity share
Bid Lot: 50 Equity Shares and in multiple shares
Listing At: BSE, NSE
Tara Jewels Limited is engaged in the business of jewellery manufacturing, export and retailing. Tara Jewels is among the top India based Jewel exporter to global markets. The products of Tara Jewels include fashion, bridal and handmade bespoke jewellery. Tara Jewels has 4 manufacturing units; 3 in India and 1 in China. Company has over 1800 employees
CARE has assigned an IPO Grade 3 to Tara Jewels Ltd IPO. This means as per CARE, company has 'Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals
The details of the IPO are as under:
Tara Jewels IPO Details:
Issue Size: 7,977,778 Equity Shares of Rs. 10 each
Issue opens on: Nov 21, 2012
Issue closes on: Nov 23, 2012
Price Band: Rs.225/- to Rs.230/- per equity share
Bid Lot: 50 Equity Shares and in multiple shares
Listing At: BSE, NSE
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