Kalyan Jewellers India Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 67,413,792 (50%) | — | ₹58,650 Cr |
| NII (HNI) | — | 20,224,138 (15%) | — | ₹17,595 Cr |
| Retail | — | 47,189,655 (35%) | — | ₹41,055 Cr |
| Employee | — | 229,885 (0%) | — | ₹20 Cr |
| Σ Total | — | 135,057,470 (100%) | — | ₹1,175,000 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 172 | ₹14,964 |
| Retail (Max) | 13 | 2,236 | ₹194,532 |
| S-HNI (Min) | 14 | 2,408 | ₹209,496 |
| B-HNI (Min) | 67 | 11,524 | ₹1,002,588 |
Financial Statements Amount in Crore
| Metric | 31-Dec-20 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue | 5,550 | 10,181 | 9,814 |
| Profit After Tax | 80 | 142 | 5 |
| Total Assets | 8,123 | 8,219 | 8,060 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Funding working capital requirements of our Company – 600.00
- 2 General corporate purposes – 139.09
Company Overview
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
- One of India's largest jewellery companies.
- Trusted Jewellery brand.
- Strong network distribution with global outreach.
- Wide range of jewellery product offerings.
- Experienced promoters and managers.