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Kalyan Jewellers India Limited IPO (Kalyan Jewellers IPO) Detail

Mar 16, 2021 - Mar 18, 2021

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 strengths

  • One 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.

Company Promoters:

Mr. T.S. Kalyanaraman, Mr. T. K. Seetharam, and Mr. T. K. Ramesh are the company promoters.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (β‚Ή in millions)
31-Dec-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 81,229.88 82,186.80 80,599.14 85,512.31
Total Revenue 55,497.98 101,810.16 98,140.29 105,801.99
Profit After Tax (799.48) 1,422.75 (48.64) 1,409.97

Objects of the Issue:

The IPO proceed will be utilized towards the following business purposes;

  • To finance business working capital requirements.
  • To meet general corporate purposes.

Kalyan Jewellers IPO Details

IPO Opening Date Mar 16, 2021
IPO Closing Date Mar 18, 2021
Issue Type Book Built Issue IPO
Face Value ₹10 per equity share
IPO Price ₹86 to ₹87 per equity share
Market Lot 172 Shares
Min Order Quantity 172 Shares
Listing At BSE, NSE
Issue Size[.] Eq Shares of ₹10
(aggregating up to ₹1,175.00 Cr)
Fresh Issue[.] Eq Shares of ₹10
(aggregating up to ₹800.00 Cr)
Offer for Sale[.] Eq Shares of ₹10
(aggregating up to ₹375.00 Cr)
Employee Discount 8

Kalyan Jewellers IPO Tentative Timetable

The Kalyan Jewellers IPO open date is Mar 16, 2021, and the close date is Mar 18, 2021. The issue may list on Mar 26, 2021.

IPO Open Date Mar 16, 2021
IPO Close Date Mar 18, 2021
Basis of Allotment Date Mar 23, 2021
Initiation of Refunds Mar 24, 2021
Credit of Shares to Demat Account Mar 25, 2021
IPO Listing Date Mar 26, 2021

Kalyan Jewellers IPO Lot Size

The Kalyan Jewellers IPO market lot size is 172 shares. A retail-individual investor can apply for up to 13 lots (2236 shares or ₹194,532).

Application Lots Shares Amount (Cut-off)
Minimum 1 172 ₹14,964
Maximum 13 2236 ₹194,532

Kalyan Jewellers IPO Promoter Holding

Pre Issue Share Holding 67.99%
Post Issue Share Holding 60.53%

Kalyan Jewellers IPO Subscription Status (Bidding Detail)

The Kalyan Jewellers IPO is subscribed 2.61 times on 3/18/2021 5:00:00 AM. The public issue subscribed 2.82 in the retail category, 2.76 in the QIB category, and 1.91 in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB2.76
NII1.91
Retail2.82
Employee3.74
Total2.61

Kalyan Jewellers IPO Prospectus

Kalyan Jewellers IPO Rating

930
3.5
Rating:Rated 3.5 stars
Vote Here ...

Kalyan Jewellers IPO Listing Date

Listing Date Friday, March 26, 2021
BSE Script Code 543278
NSE Symbol KALYANKJIL
Listing In B Group of Securities
ISIN INE303R01014
IPO Price ₹87 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹87.00
₹73.90
₹73.00
₹81.00
₹75.30
NSE
₹87.00
₹73.95
₹72.90
₹81.00
₹75.20

Company Contact Information

Kalyan Jewellers India Limited
TC-32/204/2, Sitaram Mill Road,
Punkunnam, Thrissur - 680 002

Phone: +91 487 24 37 333
Email: compliance@kalyanjewellers.net
Website: https://www.kalyanjewellers.net/

Kalyan Jewellers IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: kalyan.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Kalyan Jewellers IPO FAQs

Kalyan Jewellers IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹1,175.00 Crores. The issue is priced at ₹86 to ₹87 per equity share. The minimum order quantity is 172 Shares.

The IPO opens on Mar 16, 2021, and closes on Mar 18, 2021.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Kalyan Jewellers IPO using UPI as a payment gateway. Zerodha customers can apply in Kalyan Jewellers IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Kalyan Jewellers IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Kalyan Jewellers IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Kalyan Jewellers IPO opens on Mar 16, 2021 and closes on Mar 18, 2021.

Kalyan Jewellers IPO lot size is 172 Shares and the minimum order quantity is 172 Shares.

You can apply in Kalyan Jewellers IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Kalyan Jewellers IPO will be done on Mar 23, 2021, and the allotted shares will be credited to your demat account by Mar 25, 2021. Check the Kalyan Jewellers IPO allotment status.

The Kalyan Jewellers IPO listing date is on Friday, March 26, 2021.

Kalyan Jewellers IPO Message Board

Ranked Members  Ranked Members

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357 Comments

213. Ashif Nataliya |Mar 26, 2021 2:23:10 PM
Expert please suggest, sell out hold?
212. Kailash Agarwal |Mar 28, 2021 8:48:28 PM
The IPO has become a golden egg for race companies. Issues at such high premiums leave nothing to the retail customer. Now you should only apply in the IPO that comes at the best performance and at a reasonable price, although there is no process in ALLOTMENT.
211. Awara masiha |Mar 27, 2021 8:40:00 PM
This Ipo season was a good lesson for noobs who rushed for any ipo hoping for some quick bucks.
210. IPO Rock Star |Mar 26, 2021 2:40:27 PM
All allote hold this quality stock with stop loss of β‚Ή100 ,short term target β‚Ή50 with gold ring πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚
209. Ashif Nataliya |Mar 26, 2021 2:21:22 PM
Echoey please suggest, hold or sell?
208. SHANI |Mar 26, 2021 10:50:05 AM
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
CRAFTMAN - 1530 TOUCH
LAXMI ORGANIC - 185.50

lets see, this one may do good
207. SKGKOL |Mar 24, 2021 2:19:22 PM
Alloted 04/05
πŸ˜‡πŸ˜‚
207.1. Ketan Parikh |Mar 25, 2021 5:35:37 PM
NITHYANANDHAN N not alloted
207.2. Subies |Mar 25, 2021 5:35:44 PM
Not allotted
206. Spock πŸ–– |Mar 24, 2021 5:55:59 PM
Top Contributor Top Contributor (400+ Posts, 300+ Likes)
employee got shares at around 10% discount , expect listing around this employee price 79-80
205. Manup |Mar 26, 2021 10:27:55 AM
Gyani baba absconded ☺️☺️Last seen in Himalaya
204. arunARUN |Mar 26, 2021 11:18:02 AM
IPO Mentor IPO Mentor (600+ Posts, 500+ Likes)
I never invested in Kalyan or Anupam or Easy trip in recent times. Nor i asked any one to invest in them
Only 3 applications as HNI are LTI, Gland Pharma and Craftsman
203. SHANI |Mar 26, 2021 11:14:45 AM
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
anupam , craftman, laxmi , kalyan , suryoday , all have to perform good , else this kind of listing effect further ipo subscription also
202. surv |Mar 26, 2021 11:00:38 AM
76.2 Not bad as per last GMP
201. Owls eye |Mar 25, 2021 11:52:47 PM
Top Contributor Top Contributor (400+ Posts, 1400+ Likes)
Kalyan Jewellers GMP Improved from -18 at Noon to -12 Now

Still 13-14% Discount to Issue Price
200. surv |Mar 26, 2021 10:57:11 AM
Pre open showing 73.90 - 15% down as on 9.56AM
199. Traderforever |Mar 26, 2021 10:52:14 AM
It may still touch 20%sell circuit
198. Rafiq |Mar 26, 2021 10:50:35 AM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Pre open showing 73.95- 15% down as on 9.50AM
197. Chaitanya Kumar |Mar 26, 2021 10:48:56 AM
Opened at 73.15
15% discount
196. ChandlerBing |Mar 26, 2021 10:35:12 AM
Craftsman listed at 1350 and touched 1530 today.. Kalyan pls follow Craftsman.. :(
195. Traderforever |Mar 26, 2021 10:29:54 AM
Sell intraday with stop of 90 or buy only above 90, operators may play a big game in this
194. GURUJI |Mar 26, 2021 10:26:58 AM
list at premium bid 152 rs 😳