SEBI Approves Deepa Jewelers IPO
Hyderabad: The market regulator, SEBI, has granted approval for the Initial Public Offering (IPO) of Hyderabad-based Deepa Jewelers. On December 29 of last year, the company submitted its draft IPO documents to SEBI. As part of the IPO, the company plans to issue fresh equity shares worth ₹250 crore, while promoters Ashish Agarwal and Seema Agarwal are set to sell 11,848,340 shares through an Offer for Sale (OFS).
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