A very huge number of companies are ready to invite the public to purchase the shares through IPO. Here, IPO stands for Initial Public Offer that companies open when they need to raise their funds. Through this, the company got a very huge amount of money by issuing shares that also help the traders to get some income by investing in the IPO. Now, Kalyan Jewellers IPO will be very soon listing on BSE and NSE. If you haven’t any idea about BSE and NSE then it stands for Bombay Stock Exchange and National Stock Exchange. It is the place where companies issue their shares and traders purchase the shares to get a very high return.
Let us also tell you that the company is all set to raise up to Rs. 1175 Crore through Kalyan Jewellers IPO. Kalyan Jewellers is one of the biggest gold retailers in India and also globally. The company established in 1908 based in Kerala but the company initiate the jewellery business in 1993. Also, the success of the company clearly shows that it is one of the most precious gold retailers across the world. Let us tell you that the company recently doing business in 5 countries in which around 750 “My Kalyan” stores placed in India. The company also launched its online brand named “Candere by Kalyan Jewellers”.
Kalyan Jewellers IPO All Details
The important details that all the traders have to know about the upcoming IPO are here mentioned. If you want to get a very high return from the IPO then read the entire article very carefully. Here we are providing the complete details related to the IPO.
- Earnings Per Share (EPS): ₹1.49
- Price/Earnings (PE ratio): 57.71 to 58.38
- Return on Net Worth (RONW): 6.63%
- Net Asset Value (NAV): ₹25.71 per share
Kalyan Jewellers IPO Dates & Price Band
Now, here we are providing all the important details related to the upcoming IPO. Everyone waiting to know about the opening and closing date of Kalyan Jewellers IPO which is 16th March 2021 and 18th March 2021 respectively. The size of the IPO is set by the company to Rs. 1175 Crore that is a very big amount. The face value of the IPO is Rs. 86-87 per Equity Share. The price band is Rs. 10 per share. The best part of the company is that the company is providing Rs. 8 discount to all the employees of the company. So, it is time for all the employees to invest their amount to get a very high return from the IPO.
| IPO Open: | 16th March 2021 |
| IPO Close: | 18th March 2021 |
| IPO Size: | Approx ₹1175 Crore (Approx) |
| Face Value: | ₹86-87 Per Equity Share |
| Price Band: | ₹10 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| Discount: | ₹8 for Employee |
| Equity: | – Shares |
Kalyan Jeweller IPO Market Lot
To give a chance for all the traders (small and big both), the company set the minimum lot size to 172 shares. So, if you want to invest your money to get the lot then you need to pay Rs. 14,964 to get a single lot of the Kalyan Jewellers IPO. On the other hand, the maximum size of the lot is set to 2,236 shares which cost Rs. 1,94,532 for all the traders. Now, if you want to get the lot then you need to wait for a while because the opening date of the IPO is 16th March 2021.
| Lot Size: | Minimum 172 Shares & Maximum 2236 Shares |
| Minimum Amount: | ₹14964 |
| Maximum Amount: | ₹194532 |
Kalyan Jewellers IPO Allotment & Listings Tentative Timetable
After the public submits their application for the lot then the allotment process will be held on 23rd March 2021. If the subscription has gone over then the company respectively refund the entire extra amount on 24th March 2021. When the amount and shares become equal then the company credited the shares to the Demat account of the traders. In the end, the IPO Listing Date will be held on 26th March 2021. All the details related to the Kalyan Jewellers IPO are here given and you can very easily know everything about the company and the IPO.
| Basis of Allotment: | 23rd March 2021 |
| Refunds: | 24th March 2021 |
| Credit to Demat Account: | 25th March 2021 |
| Listing Date: | 26th March 2021 |
Also Read: – The Upcoming IPO 2021 in India
All the people who want to know about the upcoming IPO can get every single detail here. We update all the information related to the Kalyan Jewellers IPO to give you the perfect piece of the updates. If you want to apply for the IPO then you need to go to the online bank login and then you need to apply via your bank account. You need to select the given options in which you will very easily find Kalyan Jewellers IPO in the invest section. On the other hand, you can also invest your money in the IPO via BSE and NSE IPO Forms. So, don’t miss the chance to get the highest return on the upcoming IPO by investing a part of your income. Stay connected with us to know more updates related to the Share Market and IPO.