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Indian Jeweller Tribhovandas Bhimji Zaveri Ltd To Launch $39 Million IPO-Reuters
Reuters reported that Indian jewellery retailer Tribhovandas Bhimji Zaveri Ltd will launch an initial public offering of shares on April 24, according to newspaper advertisements, a deal that sources said aims to raise up to INR2 billion ($39 million). IDFC Capital and Avendus are book running lead managers for the issue, the advertisement said. The offering will close on April 26.
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