
Lalithaa Jewellery IPO: Is the gold rush hiding governance glitches?
The draft red herring prospectus (draft IPO document) filed this month details a public issue worth ₹1,700 crore, comprising a fresh issue of ₹1,200 crore and an offer for sale worth ₹500 crore by the promoter. More than ₹1,000 crore of the proceeds will …