Kalyan Jewellers IPO Allotment Status Check Online: Direct BSE link is here to know share subscription

Kalyan Jewellers IPO Allotment Status Check Online: Kalyan Jewellers initial public offer (IPO) was subscribed 2.61 times on the last day of subscription. Kalyan Jewellers IPO allotment status is likely to be finalised online on 23rd March 2021.

Here is how you can check Kalyan Jewellers IPO Subscription Status online on BSE WEBSITE bseindia.com:-

Step 1 - Go to link - https://www.bseindia.com/investors/appli_check.aspx

Step 2 - Select Equity

Step 3 - Select Issue Name (Kalyan Jewellers IPO)

Step 4-  Enter Application Number as well as PAN

Step 5 - Click on search button to know the Kalyan Jewellers IPO Allotment Status of Share Subscription

Kalyan Jewellers IPO: Key details to know

- The initial public offer received bids for 24,95,68,044 shares against 9,57,09,301 shares on offer, as per the NSE data.

-The portion for qualified institutional buyers (QIBs) was subscribed 2.76 times, non-institutional investors 1.91 times and retail individual investors (RIIs) 2.82 times.

- The initial public offer aggregating up to Rs 1,175 crore comprises a fresh issue of up to Rs 800 crore and an offer for sale of up to Rs 375 crore.

-The price range for the offer was Rs 86-87 per share.

- Kalyan Jewellers India Ltd had raised Rs 352 crore from anchor investors.

- Proceeds from the fresh issue of shares would be utilised for working capital requirements and general corporate purpose.

- Axis Capital, Citigroup Global Markets India, ICICI Securities and SBI Capital Markets were the global coordinators and book running lead managers to the offer.

Kalyan Jewellers

-At the end of June 2020, the company had 107 showrooms across 21 states and Union Territories in India, and 30 showrooms in the Middle East.

- Kalyan Jewellers designs, manufactures, and sells a wide range of gold, studded and other jewellery products.