Shree Ganesh Jewellery is considering entering capital market

Shree Ganesh Jewellery House Ltd., that delves in manufacturing and exporting handcrafted gold jewellery has filed draft red herring prospectus with the Securities and Exchange Board of India, to pursue its plans of entering the capital market, reports say. The company is headquartered in Kolkata. Its wants to issue 1,42,69,831 equity shares of Rs 10 each and will absorb the funds in expansion and diversification of product line including machine-made lightweight Italian jewellery.

Credit Suisse is a 10.99 equity stakeholder in the company, reports add.