IPO Issue Details
Issue Price / Price Band₹87 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size172 Shares per Lot
Total Issue Size13,50,57,470 shares (aggregating up to ₹1,174.82 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenTue, 16 Mar 2021
Subscription CloseThu, 18 Mar 2021
Anchor AllotmentMon, 15 Mar 2021
Basis of AllotmentTue, 23 Mar 2021
Initiation of RefundsWed, 24 Mar 2021
Credit of Shares to DematThu, 25 Mar 2021
Listing DateFri, 26 Mar 2021
UPI Mandate Deadline2021-03-18
Application & Investment Details
Retail — Min (1 Lots)₹14,964 — 172 shares
Retail — Max (13 Lots)₹194,532 (13 Lots)
HNI — Min (14 Lots)₹2,09,496 — 2,408 shares
Pre-IPO Promoter Holding93,80,99,035 shares
Post-IPO Promoter Holding1,03,00,53,057 shares
Fresh Issue Shares9,19,54,022 shares (aggregating up to ₹799.87 Cr)
Offer for Sale Shares4,31,03,448 shares of ₹10 (aggregating up to ₹374.94 Cr)
About Kalyan Jewellers India Ltd.
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.Competitive strengthsOne of India's largest jewellery companies.Trusted Jewellery brand.Strong network distribution with global outreach.Wide range of jewellery product offerings.Experienced promoters and managers.
Objects of the Issue
Kalyan Jewellers India Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Funding working capital requirements of our Company
600.00
2
2 General corporate purposes
139.09
Shareholding & Lock-in
Pre-IPO Promoter Holding
93,80,99,035 shares
Post-IPO Promoter Holding
1,03,00,53,057 shares
Lock-in Period (30%)April 22, 2021
Lock-in Period (50%)June 21, 2021