Kalyan Jewellers IPO
The leading jewellery brand, Kalyan Jewellers, prepares to float an initial public offering (IPO) of Rs 1,175 crores after receiving a nod from SEBI. The company is looking at a fresh investment of Rs 800 crores and an offer for sales (OFS) of Rs 375 cores equities. It intends to utilise the fund towards financing working capital requirements and boosting the general corpus fund. The shares will launch in the fixed price band of Rs 86-87. Kalyan Jewellers is one of the leading jewellery brands with a prominent presence in India and the Middle East.
Kalyan Jewellers IPO Detail
Kalyan Jewellers India Limited IPOIssue Period: 16th March 2021 to 18th March 2021
₹20/- For Intraday, F&O, Currencies & Commodities
KALYAN JEWELLERS Information
Kalyan Jewellers is one of the leading designer, manufacturer and seller of gold and diamond jewellery. The company has 45 years of industry experience and brand presence in India and abroad. According to reports, at the end of June 2020, Kalyan Jewellers has 107 showrooms across 21 Indian states and union territories and 30 showrooms in the Middle East. In FY 2019-2020, the firm earned a revenue of Rs 101,009.18 million.
- 45 years of retail experience and strong industry presence with 200+ outlets
- A diversified product range in gold and studded jewelries in the wedding and daily wear categories
- Robust financial position
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