MUMBAI (Reuters) - Shree Ganesh Jewellery House Ltd, a jewellery maker and exporter, has filed for regulatory approval for its initial public offering of 14.26 million shares.

Photo: www.shreeganeshjewellers.com

The firm plans to raise funds to expand operations and diversify into newer products and geographies, it said in a statement on Monday 5 October.

Middle East, Singapore and Hong Kong are the major export markets for the firm in which Credit Suisse holds a 10.99 percent stake.

Axis Bank Limited, ICICI Securities Ltd and Avendus Capital Pvt Ltd are the book-running lead managers for the proposed IPO.

(Reporting by Aniruddha Basu; Editing by Harish Nambiar)