Kalyan Jewellers IPO Subscription Status

Kalyan Jewellers IPO Subscription Status

Kalyan Jewellers IPO subscription to start from 16 March 2021 to 18 March 2021. The Initial Public offer of Equity Shares aggregating up to Rs. 11,750.00 million comprising a fresh issue of up to Rs.8,000.00 million and an offer for sale of up to Rs. 3,750 million. Price range for the offer has been fixed at Rs 86 – 87 per share.

Kalyan Jewellers IPO Subscription Status

Kalyan Jewellers IPO Subscription Status on Day 1 :

Kalyan Jewellers IPO subscribed 0.60x times on day 1.

Kalyan Jewellers IPO Subscription Status on Day 2 :

Kalyan Jewellers IPO subscribed 1.21x times on day 2. The portion reserved for qualified institutional buyers (QIBs) was subscribed 24 per cent, non institutional investors 89 per cent, and retail individual investors (RIIs) 1.90 times, according to NSE Data.

About Kalyan Jewellers

Kalyan Jewellers is one of the largest jewellery companies in India based on revenue as of March 31, 2020, according to the Technopak Report. Kalyan Jewellers established by the founder and one of the Promoters, Mr. T.S. Kalyanaraman, who has over 45 years of retail experience, of which over 25 years is in the jewellery industry. Kalyan Jewellers started jewellery business in 1993 with a single showroom in Thrissur, Kerala

Kalyan Jewellers IPO Subscription Status – FAQs