Firestar Diamond plans to raise Rs.750-1,000 crore via IPO

Firestar may have mandated Citigroup, Credit Suisse, Bank of America-Merrill Lynch and Kotak Securities as managers to the issue, says report.

May 10, 2016 01:05 IST India Infoline News Service

IPO
Nirav Modi’s Firestar Diamond is planning to raise Rs.750-1,000 crore via IPO, according to reports.
Report says that Firestar may have mandated Citigroup, Credit Suisse, Bank of America-Merrill Lynch and Kotak Securities as managers to the issue.
Firestar Diamon is expected to use the money to drive growth and expansion in Europe, says report.

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