Market analysts said that HNIs invested in the Kalyan IPO keeping in mind long term gains, as opposed to listing gains
Unprecedented rush due to excess liquidity; all IPOs getting oversubscribed multiple times over, say experts
The institutional investor portion of the IPO was subscribed 175 times
The retail portion has been subscribed 1.92 times
Anupam Rasayan's Rs 760-crore offer was subscribed 45 times; Kalyan Jewellers' IPO was subscribed 60 per cent on the first day of the issue
The initial public offer of Kalyan Jewellers India was subscribed 60 per cent on the first day of subscription on Tuesday
The price band of the offer has been fixed at Rs 86 to Rs 87 per equity share
The IPO comprises issuance of fresh equity up to Rs 800 crore and an offer for sale worth Rs 375 crore
The company's performance was impacted significantly during fiscal 2018-19 and in the nine months of the current fiscal (9MFY21) due to natural calamities in the South India and Covid-19 pandemic
Promoter TS Kalyanaraman is selling shares worth Rs 125 crore and Warburg Pincus is selling shares worth Rs 250 crore in the IPO
Kalyan Jewellers India Ltd on Thursday fixed a price band of Rs 86-87 a share for its Rs 1,175 crore-initial share-sale, which will open for public subscription on March 16
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Sebi''s observations are necessary for any company to launch public issues like initial public offer (IPO), follow-on public offer (FPO) and rights issue
The company expects the coronavirus pandemic to provide it a competitive edge over its competitors in the unorganised sector in the long run
Kalyan Jewellers India Ltd. said Monday it plans to raise as much as Rs 17.5 billion ($235 million) through a public listing as it banks on the long-term appeal of gold
Issue involves fresh fundraise of Rs 1,000 cr and Rs 750 cr secondary share sale by promoter T S Kalyanaraman and PE firm Warburg Pincus
Expanding the Board of Directors, the company further appointed Salil Nair as Non-Executive Director, while Anil Nair was named as Independent Director
Jewellery offtake down to 15-20% of May sales in the previous years
As Kalyan Jewellers looks to quell an angry crowd, brands struggle to get the tone right in a fractious environment