Madhya Pradesh-based Kataria Dhulchand Pannalal Jewellers Ltd files DRHP for IPO
Mumbai, August 28, 2026: - Madhya Pradesh-based Kataria Dhulchand Pannalal Jewellers Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO). The IPO, with a face value of Rs 10 per equity share, comprises a fresh issue of up to 16,000,000 equity shares. The Offer is being made through the book-building process, wherein not more than 50% of the net offer is allocated to qualified institutional buyers, and not more than 15% and 35% of the net offer is assigned to non-institutional bidders and rete The Net Proceeds worth Rs 154.9 crore will be utilized for Funding capital expenditure towards the establishment of two new stores, one in Kota, Rajasthan and the other in Ujjain, Madhya Pradesh, Rs 50 crore Repayment or prepayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company, and general corporate purposes. Incorporated in 1996, the co...