Warburg Pincus-backed Kalyan Jewellers fixes issue price for $161m Indian IPO

Warburg Pincus-backed Kalyan Jewellers fixes issue price for $161m Indian IPO

Kalyan Jewellers chairman TS Kalyanaraman. Photo: Bloomberg

Warburg Pincus-backed Kalyan Jewellers India Ltd’s Rs1,175 crore initial public offering (IPO) will open on 16 March, with the issue price fixed at 86-87 a share. The offer will close on 18 March.

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