About:
Kalyan Jewellers IPO is open from 16th to 18th March 2021. The grey market premium (GMP) for Kalyan Jewellers is Rs. 40/share. Kalyan Jewellers was incorporated in 1993 and they opened their first showroom in Thrissur, Kerala. From the presence of a single showroom in a single city, today Kalyan Jewellers is present in all major cities of India and middle east countries. Kalyan Jewellers is one of the largest manufacturers and distributors of jewellery in India. The company also has its business outside India. In 2013, they opened 6 showrooms on the same day in UAE and entered the international market. Now, It has over 137 showrooms, out of which 107 showrooms are in India and the remaining 30 showrooms are in the middle east countries including UAE, Qatar, Oman, and Kuwait. The IPO size is approx 13.50 crores equity shares at a price band of Rs.86 to Rs.87 per equity share. The total issue size is Rs.1,175 crores out of which Rs.800 crores are from the fresh issue and the remaining Rs.375 crores are via offer for sale. The minimum shares which should be applied for are 172 and the maximum is 2,236. The shares will be listed on 26th March 2021. To check the application status of Kalyan Jewellers IPO, one may log on to the registrar’s website or BSE. To read our full article on Kalyan Jewellers IPO click on the given link: https://zfunds.in/m/kalyan-jewellers-ipo.
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