IPO

Kalyan Jewellers IPO

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Diamond & Jewellery

Listed On: Mar 26, 2021 at ₹ 73.95 (NSE)

₹ 14964 /172 Shares

Check Allotment

16 Mar, 2021

Open Date

18 Mar, 2021

Close Date

24 Mar, 2021

Allotment Date

26 Mar, 2021

Listing Date
Price Summary

Last Closing

482.90 (455.06%)

52 Week High

795.40

52 Week Low

399.40

Last Update

19-Dec-2025 3:30 PM
IPO Issue Details
  • Issue Price ₹86-87 per equity share
  • Face Value 10 Per Equity Share 
  • Issue Price Total Equity Shares 13,50,57,471 of ₹ 10/- at price of ₹ 86/- to ₹ 87/- with aggregating up to ₹ 1,175.00/- Cr

    #Fresh Issue of 9,19,54,023 Equity Shares of ₹ 10/- at price of ₹ 86/- to ₹ 87/- with aggregating up to ₹ 800.00/- Cr

    #Offer for Sale of 4,31,03,441 Equity Shares of ₹ 10/- at price of ₹ 86/- to ₹ 87/- with aggregating up to ₹ 375.00/- Cr
  • Listing at BSE, NSE
  • List Price 73.95 (NSE)
  • Listing Date 2021-03-26
  • Lead Manager Axis Capital Limited, BOB Capital Markets Limited, Citigroup Global Markets India Private Limited, ICICI Securities Limited, SBI Capital Markets Limited
  • Registrar Link Intime India Private Ltd
IPO Details
  • Retail Portion 35%
IPO Documents
DRHP
RHP
IPO Details


The IPO of is priced at ₹₹86-87 per equity share, which has a face value of 10 Per Equity Share  each, IPO bidding starts from Mar 16, 2021 and ends on Mar 18, 2021. The allotment for IPO will be finalized on Mar 24, 2021. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Mar 26, 2021. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are Axis Capital Limited, BOB Capital Markets Limited, Citigroup Global Markets India Private Limited, ICICI Securities Limited, SBI Capital Markets Limited.


The IPO sets its price band at ₹86-87 for each share. A single application for Kalyan Jewellers IPO must contain at least 172 shares.

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IPO Subscription Analysis And Details
Retail
2.81x
QIB
2.75x
NII
1.91x
Total
2.61x
As on QIB NII Retail Employee Total
Shares Offered / Reserved 2,72,79,068 2,04,59,303 4,77,38,372 2,32,558 9,57,09,301
Day 1 16-03-21 05:00 PM
0.00 x 0.20 1.11 x 1.15 x 0.60 x
Day 2 17-03-21 05:00 PM
0.24 x 0.88 1.89 x 1.91 x 1.21 x
Day 3 18-03-21 05:00 PM
2.75 x 1.91 2.81 x 3.74 x 2.61 x
Valuations
Earnings Per Share (EPS) ₹1.40/-
P/E Ratio 61.97
RoNW 6.63%
Net Asset Value (NAV) - As on 31.12.20 ₹24.52
Company Financials
In Crs.
In Cr.
31-Dec-20 31-Mar-20 31-Mar-19 31-Mar-18
Assets 8,122.98 8,218.68 8,059.91 8,551.23
Revenue 5,549.79 10,181.01 9,814.02 105,80.19
Profit After Tax (79.94) 142.27 (4.86) 140.99
About Company

They are one of the largest jewellery companies in India based on revenue as of March 31, 2020, according to the Technopak Report.

They were established by their founder and one of their Promoters, Mr. T.S. Kalyanaraman, who has over 45 years of retail experience, of which over 25 years is in the jewellery industry. They started their jewellery business in 1993 with a single showroom in Thrissur, Kerala.

They design, manufacture and sell a wide range of gold, studded and other jewellery products across various price points ranging from jewellery for special occasions, such as weddings, which is their highest-selling product category, to daily-wear jewellery.

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- Promoter(s)

Mr. T.S. Kalyanaraman

Mr. T. K. Seetharam

Mr. T. K. Ramesh

Pre Issue Share Holding : 67.99%

Post Issue Share Holding : 60.53%

IPO - Issue Objectives
1

To finance business working capital requirements.

2

To meet general corporate purposes.