Kalyan Jewellers IPO- March 16, 2021
Kalyan Jewellers is a leading brand and is one of the India’s largest Jewellery companies. The company has 45 years of industry experience and brand presence in India and abroad. As per the reports, at the end of June 2020, Kalyan Jewellers has 107 showrooms across 21 Indian states and union territories and 30 showrooms in the Middle East. In FY 2019-2020, the firm earned a revenue of Rs 101,009.18 million. They have a diversified product range in gold and studded jewelries in the wedding and daily wear categories. The company generates a significant portion of revenues from gold jewellery, accounted for 74.77% in fiscal 2020 followed by studded (diamond and precious stone) and other jewellery segments.
Points to note before investing in Kalyan Jewellers IPO
Company Strengths
One of India's largest jewellery companies
Most trusted Jewellery brand
Strong network distribution with global outreach
Diversified range of jewellery product offerings
Experienced promoters and managers
Company Strategies
The company a hyperlocal strategy where it localizes its product portfolio, brand communication & strategy
‘My Kalyan’ network has extensive grassroots with strong distribution capabilities
They have visionary promoters with strong leadership
Kalyan Jewellers IPO Details
IPO Opening Date
| March 16, 2021
|
IPO Closing Date
| March 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
|
Allotment , Listing and Refunds details
IPO Open Date
| March 16, 2021
|
IPO Close Date
| March 18, 2021
|
Basis of Allotment Date
| March 23, 2021
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Initiation of Refunds
| March 24, 2021
|
Credit of Shares to Demat Account
| March 25, 2021
|
IPO Listing Date
| March 26, 2021
|
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