Baanganga Gold & Diamond files draft papers for ₹720-crore IPO

Baanganga Gold & Diamond (I) Ltd, an integrated manufacturer of gold and diamond jewellery, has filed draft papers with the market regulator SEBI to raise up to ₹720 crore through an initial public offering (IPO).The proposed IPO comprises a fresh issue of equity shares worth up to ₹540 crore and a…