Kalyan Jewellers IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 16 Mar 2021 - 18 Mar 2021
Issue Size ₹1175.0 Cr
Issue Price ₹86-87
Market Lot 172 Shares
Shares on Offer
Registrar Link Intime
GMP ₹9-10
Kostak N/A
Subject to Sauda N/A
Listing Date 26 Mar 2021
Listing Price N/A
Listing Gain% N/A

About Kalyan Jewellers India Limited

Kalyan Jwellers are one of the oldest business families in India with a family legacy of over a century in business, starting from as early as 1908. Started for the noble cause of nation-building and self-sustenance in a pre-independent India, the forefathers believed ethical, honest and transparent business practices should form the foundation of the group.

Having ventured into jewellery retailing in 1993 in Thrissur, Kerala, India, where they are headquartered, and as on June 30, 2020, they have 137 showrooms spread across India and GCC.

Indian jewellery, its craftsmanship and variety is an amazing showcase of India’s heritage, culture and diversity. With a deep understanding of local tastes and preferences, Kalyan offers an array of traditional and contemporary jewellery designs in gold, diamonds, precious stones and other precious metals.

They at Kalyan have always believed that the customer needs to be educated and aware, as this is the first step in preventing malpractices in business. As a part of this philosophy they have conducted several campaigns over the years, to educate customers about purity, pricing and other aspects. These efforts of Kalyan have gone a long way in the industry, that is now becoming more transparent towards the customer’s interests. They believe that this is their legacy to the industry.

Inspired by the trust they have earned across varied markets, they will soon be expanding into new markets across India, GCC, USA, Singapore, Malaysia, Sri Lanka and more.

Company Promoters

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

Company Financials

Particulars 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets (In ₹ Millions) 82,186.80 80,599.14 85,512.31
Total Revenue (In ₹ Millions) 101,810.16 98,140.29 105,801.99
Profit After Tax (PAT) (In ₹ Millions) 1,422.75 (48.64) 1,409.97

Grey Market Premium Updates

Date GMP Kostak Subject to Sauda
19 Mar 2021 ₹9-10 N/A N/A
17 Mar 2021 ₹8.5-10 N/A N/A

Strengths & Weaknesses

Strength
Most of the jwellery companies do well with time and Kalyan Jwellers can be one of them.
Weakness
The profitability of the company is not consistent and was down in 2019.

Kalyan Jewellers India Limited IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 16 Mar 2021 0.00 0.20 1.10 0.60
Day 2 - 17 Mar 2021 0.24 0.89 1.90 1.21
Day 3 - 18 Mar 2021 2.76 1.91 2.82 2.61

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

Kalyan Jewellers India Limited IPO FAQs

  1. When will Kalyan Jewellers India Limited IPO open?

    Kalyan Jewellers India Limited IPO will open on 16 Mar 2021 and close on 18 Mar 2021.

  2. What is the listing date of Kalyan Jewellers India Limited IPO?

    Kalyan Jewellers India Limited IPO will list on 26 Mar 2021.

  3. What is the offer price of Kalyan Jewellers India Limited IPO?

    The offer price of Kalyan Jewellers India Limited IPO is ₹86-87.

  4. What is the lot size of Kalyan Jewellers India Limited IPO?

    The lot size of Kalyan Jewellers India Limited IPO is 172.

  5. What is the Grey Market Premium (GMP) price of Kalyan Jewellers India Limited IPO?

    The Grey Market Premium (GMP) price of Kalyan Jewellers India Limited IPO is ₹9-10.

  6. What is the Kostak price of Kalyan Jewellers India Limited IPO?

    The Kostak price of Kalyan Jewellers India Limited IPO is Not Available at the moment.

  7. What is the Subject to Sauda price for Kalyan Jewellers India Limited IPO?

    The Subject to Sauda price for Kalyan Jewellers India Limited IPO is Not Available at the moment.

Kalyan Jewellers India Limited IPO Review/Comments

Yes, grey market premium of Kalyan Jwellers is not much and allotment is likely to all who applied ,but we may expect rate of share for Rs.190 by December, 2022

Jitendra Kumar Mehta

Yes, grey market premium of Kalyan Jwellers is not much and allotment is likely to all who applied ,but we may expect rate of share for Rs.190 by December, 2022

Jitendra Kumar Mehta

Yes, grey market premium of Kalyan Jwellers is not much and allotment is likely to all who applied ,but we may expect rate of share for Rs.190 by December, 2022

Jitendra Kumar Mehta

Yes, grey market premium of Kalyan Jwellers is not much and allotment is likely to all who applied ,but we may expect rate of share for Rs.190 by December, 2022

Jitendra Kumar Mehta

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