Kalyan Jewellers India Ltd IPO

About Company - Kalyan Jewellers

About Kalyan Jewellers IPO

One of India's largest jewellery companies, Kalyan Jewellers is to hit the market on 16 March to 18 March with an IPO size of Rs. 1175 Cr, comprising a fresh issue of Rs. 800 Cr and offer for sale (OFS) of 375 Cr. It is a book-built IPO that price band is Rs. 86 to Rs. 87, the floor price is 8.6 times and the cap price is 8.7 times the face value of Rs. 10. You can apply for the IPO lot size (minimum order quantity) of 172 shares subject to a minimum application amount of 14,964. Check out more about Kalyan Jewellers IPO including business overview, financials, pros, cons, DRHP, RHP, GMP, live subscription, allotment, and recommendations.

• Incorporated in: 2009
• Sector: Jewellery
• Issue size: Rs. 1,175 Cr
• Website: https://www.kalyanjewellers.net/

About the Company - Kalyan Jewellers India Limited

Kalyan Jewellers is one of India's most trusted and largest jewellery brand. The company is primarily engaged in designing, manufacturing, and selling a variety of jewellery including gold jewellery, studded jewellery (Diamond, Platinum, Gemstone, etc.), and others. Its product portfolio includes chains, rings, necklaces, earrings, bracelets, bangles, etc.

As of Dec 31, 2020, it has 107 showrooms across 21 states and union territories in India and 30 overseas showrooms in the Middle East. The company also has "My Kalyan" customer outreach and service centres. As of Dec 31, 2020, it had 766 "My Kalyan" locations with 2,699 employees. Most of the service centre are around the showrooms.

Kalyan Jewellers IPO Strengths

• Among the largest jewellery brand in India.
• Diversified product portfolio with gold and studded jewellery.
• Strong distribution network with a global presence.
• Experienced team of promoters and managers.