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Anjali LabTech re-files for a ₹1,225 crore IPO to fund expansion and debt reduction

2 sources · first seen 16:50 25 Sept · updated 20:37 25 Sept

The brief

Written from 2 reports · check the source before you trade
  • Most fresh IPO proceeds are planned for expanding lab-grown diamond production
  • The company also plans a new corporate facility and debt reduction
  • The IPO may draw investor interest to India’s lab-grown diamond manufacturing sector

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Read the reports

2 reports · earliest 16:50
CNBC-TV18Anjali Labtech files papers for ₹1,225 crore IPO to expand lab-grown diamond production16:50Economic TimesLab-grown diamond manufacturer Anjali LabTech files updated papers for Rs 1,225 cr IPO20:37