Table of Contents
- 1 Is it good to take Kalyan Jewellers IPO?
- 2 How do I apply for IPO Kalyan Jewellers?
- 3 Is Kalyan Jewellers IPO oversubscribed?
- 4 What will be listing price for Kalyan Jewellers?
- 5 How many times Kalyan Jewellers subscribe?
- 6 What is the premium of Kalyan Jewellers?
- 7 How to apply in Kalyan Jewellers IPO through Zerodha?
- 8 How many times Kalyan Jewellers IPO was subscribed on Mar 18?
- 9 What is the business of Kalyan Jewellers?
Is it good to take Kalyan Jewellers IPO?
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.
How do I apply for IPO Kalyan Jewellers?
You can apply for the Kalyan Jewellers IPO using any supported UPI app by following two steps:
- Enter your bid on Console.
- Accept UPI mandate on your phone.
Is Kalyan Jewellers IPO oversubscribed?
BENGALURU, March 18 (Reuters) – Kalyan Jewellers India Ltd’s (KALN. NS) initial public offering was oversubscribed by just 1.28 times on Thursday, a sign of tepid interest among investors unimpressed by the jeweller’s recent financial results and spooked by a drop in gold demand.
Why did Kalyan Jewellers IPO fail?
One of the factors that may have contributed to Kalyan’s discount to issue price is aggressive pricing. The company’s financials have been struggling for the past two financial years and jewellery is a sector that currently finds itself out of favour.
How can I join Kalyan Jewellers?
To enroll in this scheme, customers can walk into any Kalyan Jewellers store or avail of the scheme online. The scheme has a maximum tenure of 365 days and must be closed by purchasing the ornament selected. At the time of enrollment, customers will have to select a product, and choose the size, length and weight.
What will be listing price for Kalyan Jewellers?
Kalyan Jewellers IPO Listing Date
| Listing Date | Friday, March 26, 2021 |
|---|---|
| Listing In | B Group of Securities |
| ISIN | INE303R01014 |
| IPO Price | ₹87 per equity share |
| Face Value | ₹10 per equity share |
How many times Kalyan Jewellers subscribe?
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.
The price band of the offer has been fixed at ₹86 to ₹87 per equity share. At the end of Day 1, the issue was 0.60 times subscribed. According to grey-market tracker Abhay Doshi, Kalyan Jewellers India shares are trading at a premium of ₹7.
Is Kalyan Jewellers in loss?
Jewellery retailer Kalyan Jewellers on Tuesday reported a narrowing of its consolidated loss to Rs 51.30 crore for the quarter ended June. The consolidated loss of the company stood at Rs 85.87 crore during the corresponding quarter of 2020-21, Kalyan Jewellers said in a regulatory filing.
Is Kalyan Jewellers good for long-term?
However, most analysts believe that brand recall and a strong pan-India presence makes Kalyan Jewellers a long-term bet, with profitability and balance sheet projected to improve. …
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.
How many times Kalyan Jewellers IPO was subscribed on Mar 18?
The Kalyan Jewellers IPO is subscribed 2.61x times on Mar 18, 2021 05:00. The public issue subscribed 2.82x in the retail category, 2.76x in the QIB category, and 1.91x in the NII category. Check Day by Day Subscription Details (Live Status)
What is the business of Kalyan Jewellers?
Kalyan Jewellers (KJIL) is one of India’s largest jewellery companies. The key business activities of the company include designing, manufacturing, and selling a variety of gold, studded and other jewellery products focused on various occasions, such as weddings and festivals.
What are the key business activities of Dubai jewellery company?
The key business activities of the company include designing, manufacturing, and selling a variety of gold, studded and other jewellery products focused on various occasions, such as weddings and festivals. It has 107 showrooms located across 21 states and 30 showrooms located in the Middle East.