Kalyan Jewellers IPO Date And Price: Top 10 points - Price Band, Lot Size, Cut Off amount, Allotment Date, refund, credit of shares, listing date

Kalyan Jewellers IPO Date And Price: Kalyan Jewellers Initial Public Offer is going to open for subscription by retail bidders from 16th March 2021 and the upcoming IPO will close on 18th March 2021. Kalyan Jewellers IPO aims to raise Rs 1,175 crore. It comprises a fresh issue of Rs 800 crore and an offer for sale (OFS) worth Rs 375 crore. Promoters of Kalyan Jewellers have already made it clear that the money raised through the IPO will be used for financing the business working capital requirements of the company and general corporate purposes.

As we are still a few days away from the opening of Kalyan Jewellers IPO date, we list out the top 10 data points that you must know before applying for the public issue.

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Kalyan Jewellers IPO Top 10 Points:

1] Kalyan Jewellers IPO Price Band: Kalyan Jewellers IPO price band has been fixed at Rs 86-87 means promoters of the company have fixed Kalyan Jewellers share price at Rs 86-87.

2] Kalyan Jewellers IPO Lot Size: The market lot of the Kalyan Jewellers IPO is 172 Kalyana Jewellers shares.

3] Kalyan Jewellers IPO Cut off amount: Since, one can bid for the upcoming IPO in March 2021 in lots and Kalyan Jewellers IPO lot size is of 172 shares, one will require a minimum of Rs 14,964 to bid for the Kalyan Jewellers IPO.

4] Kalyan Jewellers IPO Bid lot: One can bid for a minimum of one lot while one can bid for the maximum 13 lots. So, one can maximum invest Rs 1,94,532 in Kalyana Jewellers IPO.

5] Kalyan Jewellers IPO Allotment Date: Basis of Allotment Date for the Kalyan Jewellers IPO is 23rd March 2021.

6] Kalyan Jewellers IPO Initiation of Refund: Those who unfortunately fail to get Kalyan Jewellers shares in their Demat Account after finalisation of the allotment, for them initiation of refund will be done on 24th March 2021.

7] Credit of Kalyana Jewellers Shares: After Kalyan Jewellers IPO allotment, Kalyan Jewellers share will be transferred into the Demat Account of the allottees on 25th March 2021.

8] Kalyan Jewellers IPO Listing Date: The tentative Kalyan Jewellers IPO Listing date is 26th March 2021.

9] Kalyan Jewellers IPO Listing: Kalyan Jewellers IPO listing will be done on both BSE and NSE.

10] Book Running Lead Managers: Axis Capital, Citigroup Global Markets India, ICICI Securities, SBI Capital Markets and BOB Capital Markets are acting as book running lead managers to the issue.