India: Warburg-backed Kalyan Jewellers looks to file IPO papers in a month

Kalyan Jewellers chairman TS Kalyanaraman. Photo: Bloomberg

Kalyan Jewellers India Ltd, the Warburg Pincus-backed chain of jewellery stores, is planning to file draft papers for an initial public offering within a month with the markets regulator, three people aware of the development said.

“They are looking to file the draft document sometime next month,” said one of the three people cited above, requesting anonymity, as he is not authorized to speak to reporters.

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