| 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 | ₹73.95 |
| Listing Gain% | -15 |
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.
Mr. T.S. Kalyanaraman, Mr. T. K. Seetharam, and Mr. T. K. Ramesh are the company promoters.
| 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 |
| 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 |
| 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. |
| 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 |
Please click the link below to check the IPO allotment status.
IPO Allotment StatusKalyan Jewellers India Limited IPO will open on 16 Mar 2021 and close on 18 Mar 2021.
Kalyan Jewellers India Limited IPO will list on 26 Mar 2021.
The offer price of Kalyan Jewellers India Limited IPO is ₹86-87.
The lot size of Kalyan Jewellers India Limited IPO is 172.
The Grey Market Premium (GMP) price of Kalyan Jewellers India Limited IPO is ₹9-10.
The Kostak price of Kalyan Jewellers India Limited IPO is Not Available at the moment.
The Subject to Sauda price for Kalyan Jewellers India Limited IPO is Not Available at the moment.
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