| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹1174.82 Cr |
| Fresh Issue | ₹799.87 Cr |
| Offer for Sale | ₹374.94 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน86.00-87.00 per share |
| Discount | Retail: 0.00,Employee: 8.00 |
| BSE Code | 543278 |
| NSE Code | KALYANKJIL |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | ICICI Securities Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 172 shares and in multiples thereof
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
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of our Company | 600.00 |
| 2 | General corporate purposes | 139.09 |
| Period Ended | 31 Dec 2020 | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|---|---|
| Assets | 8,122.99 | 8,218.68 | 8,059.91 | 8,551.23 |
| Total Income | 5,549.80 | 10,181.02 | 9,814.03 | 10,580.20 |
| Profit After Tax | -79.95 | 142.28 | -4.86 | 141.00 |
| EBITDA | 366.62 | 760.27 | 580.34 | 732.75 |
| NET Worth | 2,057.89 | 2,158.08 | 2,000.64 | 1,968.06 |
| Reserves and Surplus | 1,099.15 | 1,202.82 | 1,045.93 | 1,012.09 |
| Total Borrowing | 3,667.17 | 3,640.31 | 3,788.00 | 4,077.40 |
| Amount in ₹ Crore | ||||