National News
Master Chains N Jewels Files DRHP With SEBI For ₹400 Crore IPO
Fresh Issue To Fund Working Capital; Existing Shareholders To Offload Up To 0.59 Crore Equity Shares Through Offer For Sale
News
Mumbai: Master Chains N Jewels Limited, one of India’s leading gold chain manufacturers, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its proposed Initial Public Offering (IPO), marking a significant step towards its public market debut. Remove the words marked from the news
According to the DRHP, the proposed book-built IPO comprises a fresh issue of equity shares aggregating up to Rs 400 crore along with an Offer for Sale (OFS) of up to 0.59 crore equity shares by existing shareholders.
The company intends to utilise the net proceeds from the fresh issue primarily to meet its working capital requirements, while the remaining funds will be allocated towards general corporate purposes.
The equity shares, carrying a face value of Rs 10 each, are proposed to be listed on the BSE and the NSE. Systematix Corporate Services Limited has been appointed as the Book Running Lead Manager, while Bigshare Services Limited will act as the Registrar to the issue.
The issue price, IPO opening and closing dates, and other key details will be announced later following regulatory approvals.
National News
Sankesh Surana Studio Unveils Viśvaṃ Viṣṇuḥ: A Monumental Contemporary Sculpture Reimagining Sacred Art
The Frontal Perspective Honors The Holy Trinity—Brahma, Vishnu, and Maheshwara—Blending Divine Iconography With Modern Elegance.The Sculpture Intricately Incorporates 19 Gods and Goddesses, Symbolizing The Expansive Cosmic Realm Of Lord Vishnu
Marking a significant milestone in contemporary spiritual art, Sankesh Surana Studio announces the debut of Viśvaṃ Viṣṇuḥ, a bespoke contemporary interpretation of Lord Balaji. Serving as the centerpiece of the esteemed Ananta – Sacred Art Series, this four-foot-tall masterpiece is the culmination of nearly two years of meticulous conceptualization, design, and artisan craftsmanship
Conceived as an immersive, 360-degree sculptural narrative, Viśvaṃ Viṣṇuḥ offers a profound visual meditation on the cosmos.
Sankesh Surana, Founder- Sankesh Surana Studio said:
“With Viśvaṃ Viṣṇuḥ, our vision was to bridge timeless tradition with contemporary design, creating a piece that resonates deeply on both an aesthetic and spiritual plane.”
“The process was a long, painstaking journey of refinement, but the result is a holistic representation of the universe contained within a single artwork.”
Exclusivity has defined the creation of this landmark edition. Released as a strictly limited collection of just 27 fine art pieces, the entire series was fully acquired prior to its official debut.
Sankesh Surana Studio Unveils Viśvaṃ Viṣṇuḥ: A Monumental Contemporary Sculpture Reimagining Sacred Art
China and African Heavyweights Unite In Powerhouse Pact To Reshape $100b Natural Diamond Industry
From Google To Generative AI: Jewellery Industry Faces A New Digital Discovery Era
Gold Prices Hold Steady In India, Limited Movement In Domestic Retail Gold Prices
From Google To Generative AI: Jewellery Industry Faces A New Digital Discovery Era
China and African Heavyweights Unite In Powerhouse Pact To Reshape $100b Natural Diamond Industry
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National News2 hours agoGold Prices Hold Steady In India, Limited Movement In Domestic Retail Gold Prices
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National News18 minutes agoSankesh Surana Studio Unveils Viśvaṃ Viṣṇuḥ: A Monumental Contemporary Sculpture Reimagining Sacred Art
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