Kalyan Jewellers Ltd is one of the largest jewellery companies in India based on revenue.
Company started our jewellery business in 1993 with a single showroom in Thrissur, Kerala.
Company designs, manufactures and sell a wide range of gold, studded and other jewellery products across various price points ranging from jewellery for special occasions, such as weddings to daily-wear jewellery.
In Fiscal 2020, 74.77% of our revenue from operations was from the sale of gold jewellery, 23.36% was from the sale of studded jewellery (which includes diamonds and precious stones), and 1.87% was from the sale of other jewellery.
Over the years company has expanded to become a pan-India jewellery company, with 107 showrooms located across 21 states and union territories in India, and also have an international presence with 30 showrooms located in the Middle East as of June 30, 2020.
Company also sells jewellery through our online platform at www.candere.com.
54. Eagleye| Link| Bookmark|
December 28, 2020 7:02:30 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Indian Railway Finance Corporation IPO ? Schedule *(Tentative)*
01st Jan ? Announcement of Price Band 05th Jan ? Anchor Investors Allotment 06th Jan ? Offer Opens 08th Jan ? Offer Closes 13th Jan ? Finalisation of Basis of Allotment 14th Jan ? Unblocking of ASBA Accounts 15th Jan ? Credit of Equity Shares to Depository Accounts 18th Jan ? Commencement of Trading
53. Eagleye| Link| Bookmark|
December 28, 2020 6:44:57 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Indian Railway Finance Corporation IPO ? *Market?s Current Estimates of oversubscription*:
NII = 51.00K Crs. = ~73.38X RII = 27.00L Forms = 2.49X Applic. wise (Avg allotment of ~231.40 shares per lot)
Interest cost *@6.00%p.a.* for 7days = 2.99paise for 1X
Thus, for NII the costing = 73.38 X 2.99paise = Rs.2.20 per share (= GMP)
And, for RII the costing = 231.40 X 2.20 = Rs.508/- (= Kostak)
Eagleye mem I have Rs 75000 and 5 demet account so say 1 application per 1 IPO So please advise me how many applications I should do in IRFCI and how many applications I should do in indigo paints? Thank in advance
53.4. P Patel| Link| Bookmark|
January 13, 2021 3:59:26 PM
IPO Mentor (900+ Posts, 900+ Likes)
@Vaaru - I would suggest to go all for Indigo Paints....
Good to see you have again revised your estimated money flow from NII from 50K Crore to 20K Crore and Now 15K. I already told you it won''t cross 15K Crore:)
53.6. arunARUN| Link| Bookmark|
January 18, 2021 12:05:53 PM
IPO Guru (1900+ Posts, 1600+ Likes)
It should be 8 days to account for 26th Jan holiday
52. Eagleye| Link| Bookmark|
December 26, 2020 7:18:00 AM
IPO Guru (6600+ Posts, 21900+ Likes)
Indian Railway Finance Corporation IPO – Schedule *(Tentative)*
01st Jan – Announcement of Price Band 05th Jan – Anchor Investors Allotment 06th Jan – Offer Opens 07th Jan – Offer Closes 13th Jan – Finalisation of Basis of Allotment 14th Jan – Unblocking of ASBA Accounts 15th Jan – Credit of Equity Shares to Depository Accounts 18th Jan – Commencement of Trading
like MRS Bector, here IRFC registrar and Lead managers can prepone the listing day to 15 Jan.
52.2. jajo| Link| Bookmark|
December 26, 2020 10:22:03 PM
Top Contributor (300+ Posts, 200+ Likes)
@Eagleye Mam, Thank you for the information. But please confirm if bidding period for IRFC is only for 2 days or usual 3 days as mentioned in Tentative Schedule.
52.3. Scrip| Link| Bookmark|
December 28, 2020 1:43:50 AM
Top Contributor (400+ Posts, 200+ Likes)
No, there will be no shareholder quota. There is no parent company of IRFC
50. arunARUN| Link| Bookmark|
December 26, 2020 11:30:48 PM
IPO Guru (1900+ Posts, 1600+ Likes)
@eagleye Your estimates are questionable on following counts. Government companies share OFS price is not approved by company board but by selling shareholder ie GOI which decides by way of High level Committee, You may have heard in past high level committee given OK to various PSU OFSs. So as high level Committee has not happened today as their is no news and beside GOI being on holiday (being 4th Saturday) So earliest this committee decide is monday 28th Dec 2020. Then Board has to take a note and give go ahead for filing of RHP. Which also means ROC sanction must be in place before price band can be issued? Very cut to cut timetable. 2ndly why Govt should do price band on 1st Jan 2021 when it can do so Monday 4th Jan 2021 (to avoid weekend pricing risk). By SEBi rules an issue can be opened after 2 working days of price band announcement Would appreciate a kind of disclaimer before you give so definite dates
49. Eagleye| Link| Bookmark|
December 26, 2020 7:25:15 AM
IPO Guru (6600+ Posts, 21900+ Likes)
Indian Railway Finance Corporation IPO
GMP 1.70 +/- 0.25 Kostak 400 +/- 10
48. arunARUN| Link| Bookmark|
December 25, 2020 10:36:05 AM
IPO Guru (1900+ Posts, 1600+ Likes)
Strong chance of IPO hitting before end of 135 days from Sep 30, 2020 i.e. Feb 12, 2021. By Law price band needs to be officially announced two working days before issue opening. Given that 25th Dec 2020 is official holiday and 26th Dec 2020 is 4th Saturday so closed how can issue come on Monday 28th Dec 2020. Request posters to keep logic in mind and not be eager to spread false news which dont benefit any one
@arunARUN no chances on 28 Dec, as this is going to be first PSU platform where anchor placement has been proposed. No anchor placement done yet. So no changes on tentative dates of 28-30 December.
I am finally telling u that IRFC IPO not comes in 2020 so don't do below things 1.Don't post forwarded sms with wrong dates 2.Waiting for 28-Dec to open issue