Joyalukkas withdraws $278 million IPO

Indian jeweller Joyalukkas has withdrawn its 23 billion rupee ($277.95 million) initial public offering (IPO), a document on the market regulator’s website showed on Tuesday. The reason for the withdrawal was not immediately clear. Joyalukkas did not immediately respond to Reuters’ request for comment. The jeweller, based in the southern Indian state of Kerala, operates […]

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