Indian jeweller Joyalukkas withdraws $278m IPO

Indian jeweller Joyalukkas withdraws $278m IPO

Photo: Reuters

Joyalukkas, one of India’s biggest jewellery retailers, shelved plans for a public listing, a document on the market regulator’s website showed on Tuesday, making it the first major company this year to pull its plans for an initial public offering (IPO).

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