Insights

Why should you go for Kalyan Jewellers IPO?

March 15, 2021 . Manas muraleedharan

Bulletin

March truly is the month of IPOs! With 5 IPOs in 1 week, this is every equity investor’s paradise. One of these major IPOs is the IPO of Kalyan Jewellers that starts on March 16, 2021! Let us give you a few pointers as to why you should invest in Kalyan Jewellers

In 1993, Thrissur, this established jeweller took the first step into jewellery retailing. With its amazing variety of traditional and contemporary jewellery, and honest quality, Kalyan Jewellers now holds a special place in people’s hearts

The establishment now has 137 showrooms spread throughout India and GCC.

By way of their efforts to educate the consumer on the technicalities of gold purchase, Kalyan Jewellers has a remarkable goodwill among the people. Going the extra mile to help their customers make an informed decision has earned it thousands of patrons.

Competitive Strengths

Strong presence across 21 states and union territories
World-renowned Ambassadors
Remarkable growth in a time frame of less than 30 years

Company Financials:

Particulars	For the year/period ended 31-Dec-20 (₹ in million)	For the year/period ended 31-Mar-20 (₹ in million)	For the year/period ended 31-Mar-19 (₹ in million)	For the year/period ended 31-Mar-18 (₹ in million)
Total Assets	81,229	82,186	80,599	85,512
Total Revenue	55,497	1,01,810	98,140	1,05,801
Profit After Tax	(799)	1,422	(48)	1,409

Don’t miss out on this significant opportunity to upgrade your portfolio! Here are the IPO details.

IPO Date	Mar 16, 2021 – Mar 18, 2021
Issue Type	Book Built Issue IPO
Issue Size	Equity Shares of ₹10 (aggregating up to ₹1175.00 Cr)
Fresh Issue	Equity Shares of ₹10 (aggregating up to ₹800.00 Cr)
Offer for Sale	Equity Shares of ₹10 (aggregating up to ₹375.00 Cr)
Face Value	₹10 per equity share
IPO Price	₹86 to ₹87 per equity share
Market Lot	172 shares
Minimum Order Quantity	172 shares
Listing at	BSE, NSE