Kalyan Jewellers India Limited IPO Note Issue Open: Mar 16 Mar 18, 2021 Price Band: Rs. 86 87 (Discount of Rs.8 for eligible employees) *Issue Size: 135,057,471 eq shares (Fresh issue 91,954,023 + Offer for sale of 43,103,448 eq sh) including employee Reservation of 2,29,885 eq sh Issue Size: Rs. 1161.5 1175.0 cr Reservation for: QIB Upto 50% eq sh Non Institutional atleast 15% eq sh Retail atleast 35% eq sh
Following hyperlocal strategy to cater to wide range of segments Jewellery consumption patterns in India are highly localised with customer preferences varying significantly by region. The company strives to appeal to a broad base of customers via a multi-faceted hyperlocal strategy by deploying initiatives such as: a) localisation of product portfolio, b) localisation of brand communication and marketing and c) localisation of showroom experience for customers. Localisation strategy, combined with large scale of operations, allows it to cater to a wide range of customers...
poor inventory turns 3) Loss in Middle east operations despite high through put and own store real estate 4) Poor capital allocation with Rs2.7bn investment on Helicopters and close to Rs3bn on Land, buildings and remain anemic in the medium term. Although the stock at ~30xFY23E EPS...
poor inventory turns 3) Loss in Middle east operations despite high through put and own store real estate 4) Poor capital allocation with Rs2.7bn investment on Helicopters and close to Rs3bn on Land, buildings and remain anemic in the medium term. Although the stock at ~30xFY23E EPS...
