Ratanchand Jewellers Ltd., a manufacturer and exporter of handmade gold jewellery headquartered in Bangalore, plans to raise around Rs.1.5 billion though initial share sale, to support its expansion and development plans, as reported. %% It plans increasing its manufacturing capacity, launching 12 new retail outfits across Karnataka state and support its needs for long term working capital. Initial papres have been filed with the regulator to further its share sale. NB Investment Services Ltd and Karn Merchant Bankers Ltd are the book running lead managers to the issue and Karvy Computershare Pvt Ltd is the registrar to the issue, reports suggest.