Kalyan Jewellers IPO Price

Are you trying to look for information regarding Kalyan Jewellers IPO Price? If yes! Do not worry!! We have brought you detailed & exact information about Kalyan Jewellers IPO Price that will help you plan your investment accordingly.

As you all know, IPO Price is an official value decided by the investment bank during the IPO process. It involves two main prices; Issue price and Listing price. 

Before we discuss Kalyan Jewellers IPO Price details, let’s know a little about the company. 

Kalyan Jewellers Limited, a well-known Jewellery company, is headquartered in Thrissur, Kerala. They have been in this retail business since 1993. 

They design, sell and manufacture a wide range of gold, diamond, studded, and other jewelry products across various price points. They are best to wear on different occasions such as weddings. 

Now Kalyan Jewellers is planning to raise around ₹1,750 Cr through Initial Public Offerings (IPO) on 16 March 2021 with two main objectives:

• For funding working capital requirements which they would use for financing and replenishing the inventory into the showrooms.
• For general corporate purposes, including repayment and payment of loans, meet any expenses like salary, rent, repairs, and acquiring fixed assets. 

If you are willing to invest in Kalyan Jewellers IPO, then know the minimum and maximum investment with the price details below. 

Kalyan Jewellers IPO Issue Price

IPO issue price is the price at which a company offers its shares to the investors for the first time in the share market. The listing price is the value at which shares get listed in the stock exchange. 

Let’s get started with the Kalyan Jewellers IPO Price!!

Kalyan Jewellers IPO will launch its IPO of [●] Equity shares aggregating up to ₹1,750 Cr with the fresh issue size of [●] Equity shares of approximately ₹1,000 Cr. 

And, [●] Equity shares for an offer for sale of ₹750 Cr. 

If the investors invest in this IPO, it could bring a lot of opportunities for them. 

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Kalyan Jewellers IPO Price Band 

After the Issue price of Kalyan Jewellers IPO, let us know at which price range this company makes its per share available for subscription to the investors. 

Kalyan Jewellers IPO Price Band is ₹86-₹87 per share.

And, the minimum number of shares available in one lot is 172. Besides, the maximum number of shares is 2,236.  

So here, you would be able to make a minimum investment of ₹14,792 and a maximum investment of up to ₹1,92,296. 

The information of Kalyan Jewellers IPO Price is listed in the following table:

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Kalyan Jewellers IPO Listing Price 

A listing price is a price at which shares get listed in the stock exchange. 

However, the Kalyan Jewellers IPO Listing price is not yet declared. It will be announced on 26 March 2021. We will update it here later. 

Stay connected with us!!

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Kalyan Jewellers IPO In Grey Market 

Next in the line comes the Kalyan Jewellers IPO GMP. GMP is a premium amount at which IPO shares are bought and sold in the Grey Market. These shares are not listed on the stock exchange. 

Kalyan Jewellers IPO GMP is ₹5.

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Should You Invest In Kalyan Jewellers IPO?

Although, one of the objectives of Kalyan Jewellers company is also to utilize its funds collected from IPO to repay their borrowings. 

Still, you can think of investing in this IPO. There are multiple reasons for this, and some are mentioned below: 

• Kalyan Jewellers is one of India’s most prominent and trusted Jewellery companies with 28 years of experience. 
• They have mainly two purposes for launching the IPO; Working capital requirements and Business expansion. 
• As of June 2020, this company has 107 showrooms in 21 states and union territories in India and 30 showrooms in the Middle East as of June 30, 2020. However, their assets have decreased by approx 4%. 
• As per the records of FY2020, their revenue from operations was 1,01,00,918 Cr, out of which 78.19% from India and 21.91% from the Middle East.  
• Their revenue has decreased by approx 50% from 31 March 2020 to 31 December 2020. This results due to Covid-19 as the majority of their showrooms and operations were closed at that time. 

Besides, Kalyan Jewellers is offering 35% of shares to the retail category. If you are an employee of this company, you will get a discount of ₹8. 

Therefore, you can say that there may be some chances that this company may grow in the future and provides you higher returns. 

Overall, the Kalyan Jewellers IPO is Good !! Take your own decision after profoundly analyzing the financial statements and strengths of Kalyan Jewellers.

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Planning investment in the Kalyan Jewellers IPO, apply now by opening a demat account for free.

 

Know more about Upcoming IPO 2021 Date