Stove Kraft IPO: Check issue date, price band and other details
Stove Kraft IPO will open for subscription from January 25. It will be the fourth IPO to hit the market in January after IRFC, Indigo Paints and Home First Finance. Check out key details about the IPO:
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UPDATED: January 22, 2021 15:34 IST
The company is expected to use the proceeds from the IPO for repaying certain borrowings and funding general corporate expenses. (Photo: Reuters/Representational image)
Top kitchen solutions brand Stove Kraft will launch its initial public offering (IPO) for subscription on January 25. It will be the fourth IPO to hit the market in January after IRFC, Indigo Paints and Home First Finance.
Updated Jan 21, 2021 | 17:04 IST
Stove Kraft IPO news: Investors can bid for a minimum of 38 equity shares and in multiples of 38 shares. The price band of the issue has been fixed at at Rs 384-385 per share. Stove Kraft IPO: Know price band, issue date, offer details | Photo Credit: Representative Image
Kitchen appliances brand Stove Kraft will launch its initial public offering (IPO) on January 25. This will be fourth such offering after Indian Railway Finance Corporation (IRFC), Indigo Paints, and Home First Finance Company IPOs hit the market in the month of January.
While the Rs 4,633-crore IRFC issue, which closed on Wednesday, was subscribed 3.49 times on the final day of bidding, Indigo Paints is open for subscription and Home First Finance opened on Thursday.