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Riding on the upbeat market sentiment, as many as five companies are set to come out with initial public offers this week to raise an estimated Rs 3,764 crore. The companies are expecting to benefit f
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Kalyan Jewellers Rs 1,175 crore IPO offer to open on March 16; price band fixed at Rs 86-87 per share
Kalyan Jewellers IPO: Half of the issue is reserved for qualified institutional buyers, 35 per cent for retail investors and 15 per cent for non-institutional bidders. The offer includes a reservation aggregating up to Rs 2 crore for subscription by eligible employees
BusinessToday.In | March 11, 2021 | Updated 16:24 IST
Kalyan Jewellers IPO: The three-day public issue will conclude on March 18 and the bidding for anchor investors would open on March 15
Kalyan Jewellers India Limited will open its initial public offer of equity shares of the face value of Rs 10 each on March 16. The three-day public issue will conclude on March 18 and the bidding for anchor investors would open on March 15, Kalyan Jewellers announced in a virtual press meet today.
Kalyan Jewellers IPO opens on March 16, price band fixed at ₹86-87/share
March 11, 2021
× Kalyan Jewellers India Ltd has fixed a price band of ₹86-87 per share for its ₹1,175-crore Initial Public Offering (IPO), which will open for subscription on March 16.
The offer comprises a fresh issue of up to ₹800 crore of shares and an offer for sale of up to ₹375 crore. The OFS includes shares of up to ₹125 crore by promoters T.S. Kalyanaraman and ₹250 crore by investor Highdell Investment Ltd, the company said in a statement.
The offer, which will close on March 18, includes a reservation of up to ₹20 crore for employees.