Kalyan Jewellers India IPO is of India’s largest Jewellery companies and is all set to make a debut in the stock market with an issue size of 1175 Cr.
Kalyan Jewellers India IPO –Overview
| Kalyan Jewellers India IPO Issue Date | 16-18 March 2021 |
| Kalyan Jewellers India IPO Opening Date | 16 March 2021 |
| Kalyan Jewellers India IPO Face Value | INR 10 per share |
| Kalyan Jewellers India IPO Price | INR 87 per share |
| Kalyan Jewellers India IPO Lot Size | 172 Shares |
| Issue Size | 1,175.00 Cr |
| Offer for sale | 375 Cr |
| Issue Type | Book built Issue IPO |
| Listing At | BSE, NSE. |
| QIB Shares Offered | 2.76 times |
| NII (HNI) Shares | 1.91 times |
| Company Promoters | Mr. T.S. Kalyanaraman, Mr. T. K. Seetharam, and Mr. T. K. Ramesh are the company promoters. |
Kalyan Jewellers India IPO-Tentative Dates
| Kalyan Jewellers India Limited IPO opening date | 16 March 2021 |
| Kalyan Jewellers India Limited IPO closing date | 18 March 2021 |
| Basis of Allotment | 23 March 2021 |
| Initiation of Refunds | 24 March 2021 |
| The credit of Shares to Demat | 25 March 2021 |
| Kalyan Jewellers India Limited IPO Listing Date | 26 March 2021 |
Kalyan Jewellers India IPO – Industry Overview.
The Indian jewelry retail sector’s size in Fiscal 2020 was approximately US$64 billion. The sector’s organized retail share stood at approximately 32%, comprised of national and regional players, while the rest of jewelry retail continues to be dominated by the unorganized segment, comprised of over 500,000 local goldsmiths and jewelers.
Kalyan Jewellers India IPO – Company Overview
Kalyan Jewellers is one of the largest jewelry companies in India based on revenue as of March 31, 2020, according to the Technopak Report. It was 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 are in the jewelry industry. Kalyan Jewellers started the jewelry business in 1993 with a single showroom in Thrissur, Kerala. they have since expanded to become a pan-India jewelry company, with 107 showrooms located across 21 states and union territories in India and have an international presence with 30 showrooms located in the Middle East as of June 30, 2020. All the showrooms are operated and managed by us. In Fiscal 2020, the revenue from operations was ₹101,009.18 million, of which 78.19% was from India and 21.81% was from the Middle East. The total number of showrooms has 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 expect significant opportunities for further penetration in the existing markets as well as in new markets, primarily in India.
Kalyan Jewellers India IPO -Objectives
- To finance business working capital requirements.
- To meet general corporate purposes.
Kalyan Jewellers India IPO – Financial Statements
| Particulars | 31-Dec-20 | 31-Mar-20 | 31-Mar-19 |
| Total Assets | 81,229.88 | 82,186.80 | 80,599.14 |
| Total Revenue | 55,497.98 | 101,810.16 | 98,140.29 |
| Profit After Tax | 799.48 | 1,422.75 | 48.64 |
Kalyan Jewellers India IPO – Strengths
- One of India’s largest jewelry companies.
- Trusted Jewellery brand.
- Strong network distribution with global outreach.
- Wide range of jewellery product offerings.
- Experienced promoters and managers.
Kalyan Jewellers India IPO- Weakness
- Currently, Kalyan Jewellers has total borrowings of Rs. 3640.31 crores.
- The Indian jewellery market is highly competitive with many large players offering similar products. Hence, a small drop in performance can lead to ceding a huge market share.
Company Contact Information
Kalyan Jewellers India Limited
TC-32/204/2, Sitaram Mill Road,
Punkunnam, Thrissur – 680 002
Phone: +91 487 24 37 333
Email: compliance@kalyanjewellers.net
Website: https://www.kalyanjewellers.net/
Kalyan Jewellers IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: kalyan.ipo@linkintime.co.in
Website: https://linkintime.co.in/
