Renaissance Jewellery IPO : Renaissance Jewellery Opens on Nov 19

 Renaissance Jewellery IPO Issue Size: 67 – 80  Crs

IPO Opening Date: Nov 19,2007

IPO Closing Date : Nov 21,2007

Offer Price: 125 – 150.RS

ICRA assigned `IPO Grade 2` to the proposed initial public offering Renaissance Jewellery (RJL) indicating below average fundamentals. The IPO grading assigned by ICRA takes into account the significant experience of RJL`s promoters and its management in the diamond studded jewellery industry and the advantages available to the company on account of its being located in  SEZ.