What happened to Kalyan IPO?

The issue received bids for 24.95 crore shares as against 9.57 crore shares on offer. The issue opened for bidding on Tuesday, 16 March 2021, and closed on Thursday, 18 March 2021. The price band for the IPO was set at Rs 86-87 per share.

Is it good to hold Kalyan Jewellers IPO?

The company has a good global presence. The company has kept valuations lower than Titan, however, the IPO is still overpriced at current offer which makes it unattractive for investors, says Singhvi. Singhvi said that the financials of Kalyan Jewellers are not impressive and the debt levels of the company are high.

Is Kalyan IPO allotted?

The Kalyan Jewellers IPO is opening on March 16th, 2021 and will close on March 18th, 2021. The price band for bidding has been kept between Rs 86-87 per equity share with a minimum lot size of 172 shares. The IPO allotment status will be finalised on March 23.

How can I check Kalyan Jewellers IPO allotment status?

How to check Kalyan Jewellers IPO Allotment Status?

1. Visit the Kalyan Jewellers IPO allotment status page.
2. Click on the green Kalyan Jewellers IPO Allotment Status.
3. Enter either PAN number, Application Number or DP Client ID of the demat account to check the Kalyan Jewellers IPO allotment status.
4. Click Search.

Is Kalyan Jewellers good for long-term investment?

However, most analysts believe that brand recall and a strong pan-India presence makes Kalyan Jewellers a long-term bet, with profitability and balance sheet projected to improve. …

How can I check my Kalyan Jewellers IPO status?

What was the price of Kalyan Jewellers IPO?

NEW DELHI: Kalyan Jewellers made a weak market debut on Friday, as the stock got listed at Rs 73.90 on BSE, a 15.06 per cent discount to its issue price of Rs 87. On NSE, the scrip debuted at Rs 73.95, down 15 per cent. The Rs 1,175 crore issue, which was sold between March 16 and 18, was subscribed 2.61 times.