New Delhi, February 23 PNGS Reva Diamond Jewellery, which will launch its maiden public issue in the capital market on Tuesday, is planning to invest ₹287 crore to set up 15 new retail stores to expand its business.
Pune-based PNGS Reva Diamond Jewellery Ltd will launch its initial public offering (IPO) on Tuesday to raise ₹380 crore through the fresh issuance of equity shares.
The price band for the issue, which will close on February 26, has been fixed at ₹367-₹386 per share.
"We are raising funds to expand our business," said the company's CEO, Amit Modak, to
