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IPO Status: Listed [25th Jan 2021 to 28th Jan 2021]
| IPO Issue Opening Date: | 25th Jan 2021 |
| IPO Issue Closing Date: | 28th Jan 2021 |
| IPO Issue Price: | ₹384-385 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | BSE, NSE |
| Retail Quota: | 18.18 |
| IPO Issue Type: | Book Build Issue |
| IPO Issue Size: | ₹ 412.63 Cr |
| Offer for Sale: | 8,250,000 shares of ₹10 each [Aggregating upto ₹8.25 Cr.] |
| Fresh Issue: | [.] Eq Shares of ₹10 (aggregating up to ₹95.00 Cr) |
| Face Value: | ₹10 Per Equity Share |
| Promoter Holding Pre IPO: | 61.31% |
| Promoter Holding Post IPO: | 54.36% |
| Allotment Status: | Allotment Status |
| BSE Code: | 543260 |
| NSE Code: | STOVEKRAFT |
Get important updates regarding Stove Kraft IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 2nd Jan 2021 |
| Refunds Initiation* | 3rd Feb 2021 |
| Credit of Shares to Demat* | 4th Feb 2021 |
| IPO Listing Date* | 5th Feb 2021 |
* - Tentative Dates
| IPO Activity | Date |
|---|---|
| Issue Price | ₹384-385 |
| Market Lot: | 38 Shares |
| 1 Lot Amount: | ₹14630 |
| Min Small HNI Lots(2-10 Lakh): | 532 shares(14 lots) |
| Min Big HNI Lots(10+ Lakh): |
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Expected Listing Gain | Last Updated |
|---|---|---|---|---|---|
| 03-02-2021 | 385 | 35 | -- | ₹420 (9.09%) | 4-Feb-2021 14:26 |
Zerodha Trade@20
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
India’s largest kitchen appliances company, Stove Kraft Limited IPO opens on 25th January 2021 and will be close for subscription on 28th January 2021. It is a book built IPO which will be issued at the price of Rs 384 - Rs 385. The face value per share is Rs. 10 and the IPO floor price (minimum price) is 374 times and the cap price (maximum price) is 375 times the face value. Check out more on Stove Kraft Limited IPO including business overview, financials, IPO issue size, IPO open and close dates, DRHP prospectus, RHP, allotment, live subscription, and more.
Incorporated Year: 1994
Sector: Kitchen Appliances
Website: www.stovekraft.com
IPO Issue Size: 500 Crore
About the Company – Stove Kraft Limited
Stove Kraft Limited is India’s top emerging kitchen solutions and home solutions brand. The company manufactures and sells a diverse suite of kitchen solutions under the brand name of “Pigeon” and “Gilma”, and manufactures value, premium, and semi-premium kitchen supplies under the "Black + Decker" brand. It has started manufacturing LED Bulbs under the Pigeon brand in 2019 and currently, the company has a portfolio of 660+ products in the kitchen and home solutions market.
Stove Kraft has a separate distribution network for Pigeon, Gilma, and BLACK + DECKER brands. It has a strong distribution network of the “Pigeon” brand with 651 distributors in 27 states and five union territories of India and 12 distributors for products that are exported. It’s “Gilma” products are sold through 65 stores spread across four states and 28 cities and towns.
| Incorporation | Sector | IPO Issue Size | Website |
| NULL | NULL | ₹ 412.63 Cr | www.stovekraft.com |
The Stove Kraft IPO aims to raise funds for the following purposes.
The table below is live update of IPO bidding details from NSE and BSE.
| Day | QIB | NII | RII | Total | |
|---|---|---|---|---|---|
| # of Shares Offered | 3,215,260 (54.55%) | 1,607,629 (27.27%) | 1,071,753 (18.18%) | 5,894,642 | |
| 1 | 25th Jan 2021 05:02 | 0.00x | 0.05x | 5.37x | 0.99x |
| 2 | 27th Jan 2021 05:02 | 0.08x | 1.85x | 13.08x | 2.93x |
| 3 | 28th Jan 2021 05:02 | 8.02x | 32.72x | 26.04x | 18.03x |
| Stove Kraft IPO Financials | 30-Sep-2020 | 31-Mar-2020 | 31-Mar-2019 | 31-Mar-2018 |
|---|---|---|---|---|
| Total Assets | ₹498.49 Cr | ₹471.29 Cr | ₹425.72 Cr | ₹393.64 Cr |
| Total Income | ₹329.50 Cr | ₹672.91 Cr | ₹642.59 Cr | ₹534.85 Cr |
| Net Profit/Loss | ₹28.77 Cr | ₹3.17 Cr | ₹0.73 Cr | ₹(12.01) Cr |
Last Updated on 13-Apr-2021 01:08:36
