The initial public offer (IPO) of PC Jeweller will open for subscription on 10 December 2012. The issue closes on 12 December 2012. The company is selling about 4.51 crore equity shares of face value Rs 10 each with a price band of Rs 125 to Rs 135 per share. The IPO will constitute 25% of the post issue paid-up equity share capital of the company.
The company's operations include the manufacture, retail and export of jewellery. The net proceeds from the issue will be utilized to finance establishment of new showrooms; and for general corporate purposes.