Stove Kraft IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 412.63 Cr. The company is based in Ramanagar and caters to Electric Equipments sector. Edelweiss Financial Services , Jm Financial are the merchant bankers of Stove Kraft IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 31st January 2020.
Stove Kraft IPO open date is 25th January 2021 and close date is 28th January 2021. IPO Allotment Date is 2nd January 2021 and Listing date is 5th February 2021.Stove Kraft IPO size is ₹ 412.63 Cr. with IPO price of ₹ 385.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Edelweiss Financial Services Limited is the book-running lead manager of the Stove Kraft IPO. Kfin Technologies Limited is the Registrar for Stove Kraft IPO.
Stove Kraft IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Stove Kraft IPO, based in Ramanagar, operates in the Electric Equipments sector with a focus on kitchen solutions and home solution manufacturing and marketing. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Stove Kraft IPO size is ₹ 412.63 Cr. with fresh issue size of ₹ 413 and Offer for sale being ₹ Nil
The IPO allotment date for Stove Kraft IPO is expected to be 2nd January 2021, after the finalization of basis of allotment. Investors can check Stove Kraft IPO allotment status on the registrars website, Kfin Technologies Limited . Stove Kraft IPO refund dates are 2nd February 2021.
Stove Kraft IPO is expected to be listed on 5th February 2021.
The upper price band for the Stove Kraft IPO is set at ₹ 385.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Stove Kraft IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Stove Kraft IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 28th January 2021. After submission, funds are blocked until the basis of allotment of Stove Kraft IPO is finalised.
The merchant banker for Stove Kraft IPO is Edelweiss Financial Services Limited , Jm Financial Limited . Edelweiss Financial Services Limited , Jm Financial Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Stove Kraft IPO RHP for further details.
The registrar for Stove Kraft IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Stove Kraft IPO through their official website or helpline.
Stove Kraft IPO was subscribed 18.03 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Stove Kraft IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Stove Kraft Financial Review Page
Merchant Banker(s) of Stove Kraft IPO: Edelweiss Financial Services Limited , Jm Financial Limited
Stove Kraft IPO subscription was 18.03 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Stove Kraft IPO listed at a listing price of 445.95 against the offer price of 385.00.
The current market price of Stove Kraft is 615.60.
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