PC Jeweller, which is planning to launch its initial public offer (IPO), has recently opened 10 new showrooms in North India with fresh investment of about Rs 350 crore over the last one year. The jeweler major has plans to add another 20 showrooms by utilising funds raised through public offer. The company has estimated to make their number of showrooms reach 50 by end of 2013-14 financial year. Out of ten new large-format showrooms of the company, four are in Delhi, two each in Uttar Pradesh and Rajasthan, and one each in Haryana and Punjab. Nationwide expansion of PC Jeweller’s outlets is a positive sign of growth in business opportunity of those signage companies involving into in-shop banding, displays, fabrications and others.
