Khazanchi Jewellers Ltd. has announced public offering of 6910000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 130.00 per share. The gross proceeds of the issue are expected to be Rs 9,674.00 lakhs.

The company's initial public offer (IPO) will open on 24 July 2023 and is expected to close on 28 July 2023, subject to customary closing conditions.

The IPO includes a fresh Issue of 6910000 Equity Shares of the Company at an price of Rs 140.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.

Khazanchi Jewellers Ltd. anticipates using the proceeds of the issue for .

Mark Corporate Advisors Pvt. Ltd. as lead manager & CAMEO CORPORATE SERVICES LTD is the registrar, to the issue.