Kalyan Jewellers IPO Date, Review, Price Band, GMP & Market Lot Detail
Kalyan Jewellers IPO
Kalyan Jewellers India Ltd has received capital markets regulator SEBI’s go ahead to raise an estimated Rs 1,750 crore through an initial share-sale.
The IPO comprises issuance of fresh equity aggregating up to Rs 1,000 crore and an offer for sale (OFS) worth Rs 750 crore, according to the Draft Red Herring Prospectus (DRHP).
Kalyan Jewellers’ promoter T S Kalyanaraman would be offloading shares worth up to Rs 250 crore, while Highdell Investment Ltd would sell up to Rs 500 crore worth of shares through the OFS route.
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Kalyan Jewellers IPO Details
| IPO Opening Date | Mar 16, 2021 |
| IPO Closing Date | Mar 18, 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹86 to ₹87 per equity share |
| Market Lot | 172 Shares |
| Min Order Quantity | 172 Shares |
| Listing At | BSE, NSE |
| Issue Size | [.] Eq Shares of ₹10 (aggregating up to ₹1,175.00 Cr) |
| Fresh Issue | [.] Eq Shares of ₹10 (aggregating up to ₹800.00 Cr) |
| Offer for Sale | [.] Eq Shares of ₹10 (aggregating up to ₹375.00 Cr) |
Kalyan Jewellers IPO Market Lot:
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 172 | ₹14,964 |
| Maximum | 13 | 2236 | ₹194,532 |
Kalyan Jewellers IPO Tentative Time Table
| IPO Open Date | Mar 16, 2021 |
| IPO Close Date | Mar 18, 2021 |
| Basis of Allotment Date | Mar 23, 2021 |
| Initiation of Refunds | Mar 24, 2021 |
| Credit of Shares to Demat Account | Mar 25, 2021 |
| IPO Listing Date | Mar 26, 2021 |
About the Company:
Kalyan Jewellers Ltd is one of the largest jewelry companies in India based on revenue.Company started our jeweler business in 1993 with a single showroom in Thrissur, Kerala.
Company designs, manufactures and sell a wide range of gold, studded and other jewellery products across various price points ranging from jewellery for special occasions, such as weddings to daily-wear jewellery.
In Fiscal 2020, 74.77% of our revenue from operations was from the sale of gold jewellery, 23.36% was from the sale of studded jewellery (which includes diamonds and precious stones), and 1.87% was from the sale of other jewellery.
Over the years company has expanded to become a pan-India jewellery company, with 107 showrooms located across 21 states and union territories in India, and also have an international presence with 30 showrooms located in the Middle East as of June 30, 2020.
Company also sells jewellery through our online platform at www.candere.com.
Kalyan Jewellers IPO Form:
How to apply the Kalyan Jewellers IPO? You can apply IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Kalyan Jewellers IPO in the Invest section. The other option you can apply Kalyan Jewellers IPO via IPO forms download via NSE and BSE. Check out the Kalyan Jewellers AMC forms – click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.
Kalyan Jewellers Promoters:
- MR. T.S. KALYANARAMAN,
- MR. T.K. SEETHARAM AND
- MR. T.K. RAMESH
Kalyan Jewellers IPO Registrar:
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg
Vikhroli (West), Mumbai 400083
Telephone: +91 22 4918 6200
Email: kalyan.ipo@linkintime.co.in
Investor Grievance e-mail: kalyan.ipo@linkintime.co.in
Website: www.linkintime.co.in
Contact Person: Ms. Shanti Gopalkrishnan
SEBI Registration No.: INR000004058
Kalyan Jewellers IPO Lead Managers:
- Axis Capital Limited
- Citigroup Global Markets India Private Limited
- ICICI Securities Limited
- SBI Capital Markets Limited
- BOB Capital Markets Limited
Company Address:
Kalyan Jewellers Corporate
Office – THRISSUR, KERALA
Address : TC 32 / 204 / 2,Sitaram Mill Road,Punkunnam,
Thrissur – 680 002.Tel : +91 487 24 37 333Fax : +91 487 24 37 334
Kalyan Jewellers IPO FAQs:
When Kalyan Jewellers IPO will open for Anchor Investors?
The Anchor Investors bidding is open on 15 March 2021.
When Kalyan Jewellers IPO will open for QIB, NII, and Retail?
The IPO to open on 16 March for QIB, NII, and Retail Investors.
What is Kalyan Jewellers IPO Investors Portion?
The investors’ portion for QIB–%, NII–%, and Retail–%.
How to Apply the Kalyan Jewellers IPO?
You can apply Kalyan Jewellers IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
What is Kalyan Jewellers IPO Allotment Date?
Kalyan Jewellers IPO allotment date is 23 March 2021. You can check IPO allotment here.
What is Kalyan Jewellers IPO Listing Date?
Kalyan Jewellers IPO listing date is 26 March 2021. The IPO to list on NSE and BSE
The Town Jewel of Indian IPO comes calling!
Kalyan Jewellers launched its IPO on March 16th. As one of the country’s leading jewellery houses, the company has a pan-Indian presence and has successfully catered to the high-end ornamental demands of the consumers.
However, a combination of looming debts, unremarkable performance over the recent fiscals and dwindling investments into precious metals has posed challenging prospects for the long-term financial needs of the company.
Click on the link below to read a detailed background on the company’s financials and business growth.
https://transfin.in/all-you-need-to-know-about-kalyan-jewellers-ipo