Kalyan Jewelers IPO Reviews, Dates, Price Band, Market Lot & Financial Details.

Kalyan Jewelers IPO has announced its IPO dates and you can apply for IPO between 16 March and closes on 18 March 2021. Many IPOs are going to launch this year check here the list.

Kalyan Jewelers IPO Dates & Price Band:

Open Date16th March 2021
Close Date18th March 2021
Total Size of IPO₹1175 Cr.
Face Value₹10 
Price Band₹86-87 Per Equity Share
Listing onBSE & NSE
Retail Investor’s Portion35%
Special Discount₹8 for Employee

Kalyan Jewelers IPO Market Lot:

ApplicationLotSharesCut Off Amount
Minimum (RII)1172₹14964
Maximum (NII)132236₹194532

Kalyan Jewelers IPO Allotment & Listing Dates:

Allotment Date for Kalyan Jewelers – 23rd March 2021
Refund Date for Kalyan Jewelers – 24th March 2021
Credit of Shares to Demat Account – 25th March 2021
Listing Date for Kalyan Jewelers – 26th March 2021

Should you Invest in Kalyan Jewelers IPO?

Strengths :

  • The organization is in business for a long time and has a large number of physical stores available in metro cities.
  • In total, they spend 3% of their revenue on marketing by having brand ambassadors like Amitabh Bachchan, Jaya Bachchan, Katrina Kaif, Nagarjuna, etc.

Weakness:

  • Sluggish growth in finances in past years.
  • The organization is having huge financial debt.
  • If we see past returns of the company it is less than bond returns.

It’s pretty competitive out there in the jewelry industry but let’s see how Kalyan Jewelers plays their branding and marketing card in long term to increase their profit growth. Check Kalyan jewelers IPO GMP to get a clear idea about listing gains.
NOTE: Consult your financial advisor before applying for IPO.

Objectives of Issue:

  • To finance companies working requirements.
  • To meet general corporate issues.

Applying Kalyan Jewelers IPO through the form: 

Besides applying IPOs through ASBA application or through Demat accounts you can also apply to IPOs with the help of forms provided by NSE or BSE. This is one of the traditional and safe ways to apply for an IPO subscription. Download the form through this link and fill the form carefully.  You have to submit your filled form to the bank or broker.

Financials of Kalyan Jewelers IPO:

YearRevenue (₹ in Cr.)Expense (₹ in Cr.)Net Income (₹ in Cr.)
20181058010366102.8
20199814979324.7
2020101819960144.6

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