Kalyan Jewelers
IPO Size
`1,175 Cr
Price Band
`86-87 Per Share
Minimum Lot Size
172 shares Share
Face Value
`10 Per Share
Employee Discount
NA
Retail Allocation
35%
Issue Open Date
Mar 16, 2021
Issue Close Date
Mar 18, 2021
Listing Date
IPO Size
Price Band
Minimum Lot Size
Face Value
Employee Discount
Retail Allocation
Issue Open Date
Issue Close Date
Listing Date
They started their jewellery business in 1993 with a single showroom in Thrissur, Kerala. They have since expanded to become a pan-India jewellery company, with 107 showrooms located across 21 states and union territories in India, and also have an international presence with 30 showrooms located in the Middle East as of June 30, 2020.
Their total showrooms have increased from 77 as of March 31, 2015 to 137 showrooms as of June 30, 2020, and they intend to continue to open additional showrooms as they expect significant opportunity for further penetration in their existing markets as well as in new markets, primarily in India. They also sell jewellery through their online platform at www.candere.com.
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.
On the basis of Standalone statement:
| Amount (in INR & million) | ||||
| 31-Dec-20 | 31-Mar-20 | Mar-19 | 31-Mar-18 | |
| Total Assets | 81,229.88 | 82,186.80 | 80,599.14 | 85,512.31 |
| Total Revenue | 55,497.98 | 101,810.16 | 98,140.29 | 105,801.99 |
| Total Expense | – | 99,601.29 | 97,931.01 | 103,664.08 |
| Profit After Tax | (799.48) | 1,422.75 | (48.64) | 1,409.97 |
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | NAV per share (Rs.) | |
| Kalyan Jewellers Limited | 10 | [●] | 1.70 | 6.63 | 25.71 |
| Listed Peers | |||||
| Titan Company Limited | 1 | 61.69 | 16.91 | 22.38 | 75.12 |
| Lead Managers |
| Axis Capital Limited, Citigroup Global Markets India Private Limited, ICICI Securities Limited, SBI Capital Markets Limited, BOB Capital Markets Limited |
| Registrar to the Offer |
| Link Intime India Private Limited C-101, 1st Floor, 247 Park Lal Bahadur Shastri Marg Vikhroli (West), Mumbai 400083 Telephone: +91 22 4918 6200 Email: kalyan.ipo@linkintime.co.in Investor Grievance e-mail: kalyan.ipo@linkintime.co.in Website: www.linkintime.co.in Contact Person: Ms. Shanti Gopalkrishnan SEBI Registration No.: INR000004058 |
1) MR. T.S. KALYANARAMAN 2) MR. T.K. SEETHARAM 3) MR. T.K. RAMESH
Listed Peer: Titan Company Limited