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What should be the GMP of IPO?
According to market observers, GMP of a public issue means expected listing gain by grey market. As RateGain IPO GMP today is ₹45, it means grey market is expecting that shares of the company may list around ₹470 ( ₹425 + ₹45), which is around 10 per cent higher from its price band of ₹405 to ₹425 per equity share.
Is investing in Kalyan Jewellers IPO good?
Analysts say the issue is richly valued but there are reasons to subscribe for the long term. The company and its shareholders plan to raise Rs 1,175 crore from the market. The issue, priced in the range of Rs 86-87, comprises a fresh issue aggregating up to Rs 800 crore, and an offer for sale worth up to Rs 375 crore.
What happened to Kalyan Jewellers IPO?
Shares of Kalyan Jewellers India Ltd closed at a 13\% discount on debut, a fourth firm that saw such tepid listing, after its initial public offering saw 2.61 times subscription last week. At closing, the scrip settled at ₹75.30, down 13.44\% from its issue price of ₹87 a piece.
What is the GMP of MapmyIndia?
Latest information suggests that the MapmyIndia IPO GMP is Rs 1,020 or over 98 per cent to its issue price of Rs 1,039.
Can we hold Kalyan Jewellers IPO?
Anil Singhvi said that there could be some downside on Kalyan Jewellers IPO listing and investors will have to hold shares for some time before seeing some returns. So, only these investors should apply for this IPO. Kalyan Jewellers valuations offered are not attractive to apply for the IPO.
What is the face value of Kalyan Jewellers?
10
NSE 69.20 +1.20 ( 1.76 \%)
| Key Fundamentals | |
|---|---|
| Market Cap (Rs cr) | 7,107 |
| EPS – TTM (Rs)[*] | 1.97 |
| P/E Ratio (x) [*] | 35.03 |
| Face Value (Rs) | 10 |
What is the share price of Kalyan Jewellers?
Kalyan Jewellers India Ltd
| Previous Close | 67.95 |
|---|---|
| Open | 68.95 |
| High | 69.10 |
| Low | 68.35 |
| VWAP | 69.21 |
Who invested in Kalyan Jewellers?
Kalyan is backed by private equity major Warburg Pincus, which has a 24 \% stake through its investment arm Mauritius-based Highdell Investment. Warburg Pincus invested in two tranches , with the first investment of Rs 1,200 crore in 2014 and the second tranche of Rs 500 crore in 2017.
How many times Subscribe Kalyan Jewellers?
As of 3.50 p.m. The Kalyan Jewellers IPO was subscribed 2.56 times so far on day 3 of bidding. The IPO received bids for 24.50 crore shares as against an offer size of 9.57 crore shares.
Sign Up for Our News Letter! The Grey Market Premium of Kalyan Jewellers IPO GMP is ₹0. What is Kalyan Jewellers IPO Kostak? The Kostak Price of Kalyan Jewellers IPO is ₹0.
How to apply in Kalyan Jewellers IPO through Zerodha?
Zerodha customers can apply in Kalyan Jewellers IPO by login into Zerodha Console (back office) and submitting an IPO application form. Visit the Zerodha website and login to Console. Go to Portfolio and click the IPOs link. Go to the ‘Kalyan Jewellers IPO’ row and click the ‘Bid’ button.
What is the business model of Kalyan Jewellers?
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.