Stovekraft is a kitchen solution and an emerging home solutions brand, engaged in the manufacturing and retail of a wide and diverse suite of kitchen products under the brands’ Pigeon and Gilma, the company also provides kitchen and home solutions under the brand Black + Decker.
The public offering comprises a fresh issue of equity shares worth Rs. 145 crores and an offer for sale of around 71 lakhs shares from the promoters. For more details, you can read the IPO Prospectus filed by the company.
Indicative Timetable
| Event | Date |
|---|---|
| Issue Period | 25th January 2021 - 28th January 2021 |
| Price Range | 384 - 385 |
| Minimum Bid Quantity | 38 and in multiples thereof |
| Finalisation of Allotment | 2nd February 2021 |
| Initiation of Refunds | 3rd February 2021 |
| Credit of Shares | 4th February 2021 |
| Listing | 5th February 2021 |
How do I apply to the Stovekraft IPO?
You can apply for the Stove Kraft IPO using any supported 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.