Baanganga Gold & Diamond files DRHP for ₹720 crore IPO
Baanganga Gold & Diamond has filed its DRHP for a ₹720 crore IPO, comprising a fresh issue of ₹540 crore and an OFS of ₹180 crore. Proceeds will fund working capital.
Gold Market
Baanganga Gold & Diamond has filed its DRHP for a ₹720 crore IPO, comprising a fresh issue of ₹540 crore and an OFS of ₹180 crore. Proceeds will fund working capital.
Gold jewellery prices exceed the value of the gold itself due to making charges, wastage, design complexity, labour, brand markups, and taxes.