Kalyan Jewellers

Warburg Pincus sells 6.2% stake in Kalyan Jewellers for Rs 724 cr; Franklin Templeton, Nomura emerge buyers

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Warburg Pincus sells 6.2% stake in Kalyan Jewellers for Rs 724 cr; Franklin Templeton, Nomura emerge buyers

Highdell Investment, owned by private equity firm Warburg Pincus, has sold partial stake in Kalyan Jewellers through open market transactions on Friday. According to bulk deals data available with the exchanges, Warburg Pincus has offloaded 6.4 crore shares or 6.22% stake in the company at a price of Rs 113 apiece. Through the stake sale, … Read more

IPO market warms up for a busy December

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Antony Waste Handling Cell, which cancelled its IPO in March, will also likely try again in December, according to bankers. Synopsis Suryoday Small Finance Bank, ESAF Small Finance Bank, Nazara Technologies, RailTel, Burger King, Kalyan Jewellers and Antony Waste Management are among those that are conducting road shows and planning initial public offers (IPOs) in … Read more