How much stove Kraft IPO subscribe?
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How much stove Kraft IPO subscribe?
Stove Kraft IPO subscribed 18.03 times. The public issue subscribed 26.04 times in the retail category, 8.02 times in QIB, and 32.72 times in the NII category by Jan 28, 2021….Stove Kraft IPO Subscription Status Live.
| Investor Category | Subscription (times) |
|---|---|
| Total | 18.03 |
How is stove Kraft IPO?
Analysts said that the Stove Kraft IPO was priced at 34.5 times PE on a trailing basis. NEW DELHI: Kitchen appliance maker Stove Kraft got listed at Rs 467 on BSE on Friday, a premium of 21.30 per cent over the issue price. On NSE, the stock debuted at Rs 498, up 29.35 per cent from the issue price.
How do you check allotment of Kraft IPO?
How to check Stove Kraft IPO Allotment Status?
- Visit the Stove Kraft IPO allotment status page.
- Click on the green Stove Kraft IPO Allotment Status.
- Enter either PAN number, Application Number or DP Client ID of the demat account to check the Stove Kraft IPO allotment status.
- Click Search.
What is GREY market premium for stove StoveKraft?
Earlier, the company had raised a little over Rs 385 crore from investors. As per media reports, the company’s unlisted shares are commanding a premium of Rs 35-40 in the grey market, which translates to a premium of about 10 per cent over the IPO price. Hence, the shares may see listing at about Rs 420-425 per share.
Is StoveKraft IPO good or bad?
The Market Guru said that this is a good brand with strong marketing network. StoveKraft will reduce its debt from the money raised through the IPO, Singhvi said. StoveKraft is an Indian company that manufactures cooking appliances under Pigeon and Gilma brands.
Which are the upcoming IPOs in India?
Upcoming IPOs in 2021
| IPO | Tentative Issue Size (in Rs. Crores) | Tentative Issue Date |
|---|---|---|
| Srei Equipment Finance | 1,100 | 2021 |
| Apeejay Surrendra Park Hotel | 1,000 | 2021 |
| ESAF Small Finance Bank | 998 | 2021 |
| Inspira Enterprise India Ltd. | 800 | 2021 |
Should I buy StoveKraft IPO?
How can I trade in GREY market?
As it’s over the counter market, there are no official people or business you can approach for IPO Grey Market trading. If you are interested in buying or selling IPO stocks in Grey Market, you have to find a local dealer who can find buyers or sellers for you.
Why Stove Kraft is rising?
Being a manufacturing company, Stove Kraft has high expenses. Also, it does not have any long-term contracts with the suppliers of raw materials. Therefore, an increase in the cost of acquiring raw materials for any reason can impact its profitability.