PC Jeweller sets IPO price at Rs 125-135

PC Jeweller, a retail jeweller, will hit the capital market on December 10 with an IPO size, which is set to raise Rs 609 crore.

The company has set its price band at Rs 125-135 per share having a face value of Rs 10 each. The public issue will close is elated to close on December 12.

At the upper band, PC Jeweller would maage to little raise around Rs 609 crore through IPO, while at lower band, the company would garner Rs 564 crore.

A discount of Rs 5 is available to retail investors.

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