Kalyan Jewellers India Limited
IPO Details
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Lot Distribution
Reservation
Company Fin.
₹-5(-5.75%)
Premium (ELP)
Kalyan Jewellers India Limited's successfully completed its Initial Public Offering and commenced trading on Mar 26, 2021 at the NSE, BSE exchange. The company raised 13,50,57,470 Shares through this public offering, comprising 9,19,54,022 Shares in fresh capital and ₹375.00 Cr through the Offer for Sale mechanism.
The IPO was priced within the band of ₹86 to ₹87, with minimum application lots of 172 shares. The offering attracted significant investor interest during its subscription period from Mar 16, 2021 to Mar 18, 2021.
Share allotment was finalized on Mar 23, 2021, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Kalyan Jewellers is one of India’s largest jewellery companies, engaged in designing, manufacturing, and selling a wide range of gold, studded, and other jewellery products for occasions like weddings and festivals. The company began with a single showroom in Kerala and has expanded to 107 showrooms across 21 states and union territories in India, along with 30 showrooms in the Middle East to serve overseas customers. Gold jewellery constitutes the major share of its revenue, accounting for 74.77% in fiscal 2020, followed by studded (diamond and precious stone) and other jewellery segments.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Leading Jewellery Company: One of India’s largest jewellery firms.
- Trusted Brand: Recognized for quality and reliability.
- Wide Distribution: Strong network with global presence.
- Diverse Product Range: Offers a broad selection of jewellery products.
- Experienced Leadership: Promoters supported by a skilled management team.
NA
- Mr. T.S. Kalyanaraman
- Mr. T. K. Seetharam
- Mr. T. K. Ramesh
Kalyan Jewellers India Limited
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