Profit Sheets

Kalyan Jewellers India Limited IPO

April 21, 2021 11:18 AM

Kalyan Jewellers is one of India’s largest Jewellery companies. The key business activities of the company is to design, manufacture, and sell a variety of gold, studded and other jewellery products for various occasions i.e. wedding, festivals, etc.

Initially, the company was started with a single showroom in Kerala, and over the years, it has expanded its presence with 107 showrooms located across 21 states and union territories in India. It not just serves the domestic market but also serves overseas customers with 30 showrooms located in the Middle East. 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.

Company Promoters:

Mr. T.S. Kalyanaraman, Mr. T. K. Seetharam, and Mr. T. K. Ramesh are the company promoters.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in millions)
31-Dec-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 81,229.88 82,186.80 80,599.14 85,512.31
Total Revenue 55,497.98 101,810.16 98,140.29 105,801.99
Profit After Tax (799.48) 1,422.75 (48.64) 1,409.97

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)
Employee Discount 8

Kalyan Jewellers IPO Tentative Timetable

The Kalyan Jewellers IPO open date is Mar 16, 2021, and the close date is Mar 18, 2021. The issue may list on Mar 26, 2021.

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

Kalyan Jewellers IPO Lot Size

The Kalyan Jewellers IPO market lot size is 172 shares. A retail-individual investor can apply for up to 13 lots (2236 shares or ₹194,532).

Application Lots Shares Amount (Cut-off)
Minimum 1 172 Rs 14,964
Maximum 13 2236 Rs 194,532

Kalyan Jewellers IPO Promoter Holding

Pre Issue Share Holding 67.99%
Post Issue Share Holding 60.53%

 

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