Kalyan Jewellers is launching its IPO. The Rs. 1175 crore public offer comprises a fresh issue of equity shares worth Rs. 800 crore and offer for sale of equity shares worth 375 crore. For more information, you can read the IPO Prospectus filed by the company.
About the company
Kalyan Jewellers is one of the largest jewellery companies in India based on revenue as of March 21, 2020, founded in 1993 as a single showroom in Thrissur, Kerala, the company has since expanded to become pan-India jewellery company, with 107 showrooms across 21 states and union territories and also has international presence with 30 showrooms located in the Middle East.
The company designs, manufactures and sells a wide range of gold, studded and other jewellery products, ranging from jewellery for special occasions, such as weddings, which is the company’s highest-selling product category.
Kalyan Jewellers is also a majority stake in Enovate Lifestyles Private Limited and its online platform, Candere, through which they offer online purchase of jewellery.
| Financial Yeae Ended |
Revenue (₹ crores) |
PAT (₹ crores) |
EPS (₹) |
| March 2018 |
10,580.20 |
141.00 |
1.7 |
| March 2019 |
9,814.03 |
-4.864 |
-0.04 |
| March 2020 |
10,181.02 |
142.28 |
1.7 |
| Nine months ended December 31 2019 |
7,999.97 |
94.322 |
1.13 |
| Nine months ended December 31, 2020 |
5,549.80 |
-79.948 |
-0.96 |
Indicative Timetable
| Event |
Date |
|
|
| Issue Period |
16th March 2021 - 18th March 2021 |
| Price Range |
₹ 86 - 87 |
| Minimum Bid Quantity |
172 and in multiples thereof |
| Finalisation of Allotment |
23rd March 2021 |
| Initiation of Refunds |
24th March 2021 |
| Credit of Shares |
25th March 2021 |
| Listing Date |
26th March 2021 |
How do I apply to the Kalyan Jewellers IPO?
You can apply for the Kalyan Jewellers IPO using any supp orted UPI app by following two steps:
- Enter your bid on Console
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
Maximum limit to invest in IPO ?
For retail investors it is 2 lakhs, same as other IPO’s.
@ShubhS9 can you give us the detailed info about kalyan jewellers ipo.
Will update the above post with latest details soon 
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About Kalyan Jewellers Company
Kalyan Jewellers is one of the largest jewellery companies in India based on revenue as of March 31, 2020, according to the Technopak Report. The company was established by its 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 its jewellery business in 1993 with a single showroom in Thrissur, Kerala. Since then the company 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.
All of its showrooms are operated and managed by the company. In Fiscal 2020, the company 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 showrooms have increased from 77 as of March 31, 2015, to 137 showrooms as of June
30, 2020, and the company also intend to continue to open additional showrooms as it expects the significant opportunity for further penetration in its existing markets as well as in new markets, primarily in India. The company also sell jewellery through its online platform at www.candere.com.
Kalyan Jewellers 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 its highest-selling product category, to daily-wear jewellery. In Fiscal 2020, 74.77% of its revenue from operations was from the sale of gold jewellery, 23.36% was from the sale of studded jewellery (which includes diamonds and precious stones),
and 1.87% was from the sale of other jewellery.
SOurce: Company DRHP