Stove Kraft IPO

Mainboard

Consumer Durables - Domestic Appliances

Listed On: Feb 5, 2021 at ₹ 498.0

₹ 14630 /38 Shares

Check Allotment

Price Summary

Last Closing

757.00 (96.62%)

52 Week High

967.50

52 Week Low

409.50

Last Update

25-Nov-2024 3:30 PM

IPO Details

25 Jan, 2021

Open Date

28 Jan, 2021

Close Date

03 Feb, 2021

Allotment Date

05 Feb, 2021

Listing Date

Issue Price

₹384-385 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

KFintech Private Limited

List Price

498.0

Listing Date

2021-02-05

Market Lot

38 Shares (₹14,630/-)

Lead Manager

Edelweiss Financial Services Ltd,JM Financial Consultants Private Limited

Issue Size

[.] Eq Shares of ₹10 (aggregating up to ₹412.63 Cr)

Fresh Issue [.] Eq Shares of ₹10 (aggregating up to ₹95.00 Cr)

Offer for Sale 8,250,000 Eq Shares of ₹10 (aggregating up to ₹[.] Cr)

Retail Portion

10%

Subscription

18.03 times

IPO Docs

DRHP RHP

IPO Subscription Details

As on	QIB	NII	Retail	Total
Shares Offered / Reserved	32,15,260	16,07,629	10,71,753	58,94,642
Day 1 - 25-01-21 05:00 PM	0.00 x	0.05	5.37 x	0.99 x
Day 2 - 27-01-21 05:00 PM	0.08 x	1.85	13.07 x	2.92 x
Day 3 - 28-01-21 05:00 PM	8.02 x	32.72	26.04 x	18.03 x

Valuations

Earnings Per Share (EPS)

₹N/A

P/E Ratio

N/A

RoNW

N/A%

Net Asset Value (NAV)

₹N/A

Company Financials All values are in ₹ Cr.

	30-Sept-20	31-Mar-20	31-Mar-19	31-Mar-18
Assets	498.49	471.29	425.72	393.64
Revenue	329.50	672.91	642.59	534.58
Profit After Tax	28.77	3.17	0.73	(12.01)

About The Company

Stove Kraft Limited are engaged in the manufacture and retail of a wide and diverse suite of kitchen solutions under their Pigeon and Gilma brands, and propose to commence manufacturing of kitchen solutions under the BLACK + DECKER brand, covering the entire range of value, semi-premium and premium kitchen solutions, respectively. They are kitchen solutions and an emerging home solutions brand. Further, they are one of the leading brands for kitchen appliances in India and are one of the dominant players for pressure cookers and a market leader in the sale of free standing hobs and cooktops .

Their kitchen solutions comprise of cookware and cooking appliances across their brands, and their home solutions comprise various household utilities, including consumer lighting, which not only enables us to be a one stop shop for kitchen and home solutions, but also offer products at different pricing points to meet diverse customer requirements and aspirations.

The Company is promoted by Rajendra Gandhi and Sunita Rajendra Gandhi and is the guiding force behind the growth and strategic decisions of the Company.

- Promoter(s)

Pre Issue Share Holding: 61.31%

Post Issue Share Holding: 54.36

Company Promoter(s)

Rajendra Gandhi
Sunita Rajendra Gandhi

IPO - Issue Objectives

To make the repayment or prepayment payment of company's borrowings fully or partially
To meet general corporate purposes.

IPO - FAQs

Ans. Stove Kraft IPO is a Mainboard IPO. The issue is priced at ₹384-385 per equity share. The minimum order quantity is 38 Shares. The IPO opens on Jan 25, 2021, and closes on Jan 28, 2021. KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Stove Kraft IPO opens on Jan 25, 2021 and closes on Jan 28, 2021.

Ans. The size of Stove Kraft IPO is [.] Eq Shares of ₹10 (aggregating up to ₹412.63 Cr) Fresh Issue [.] Eq Shares of ₹10 (aggregating up to ₹95.00 Cr) Offer for Sale 8,250,000 Eq Shares of ₹10 (aggregating up to ₹[.] Cr).

Ans. The IPO price band is set between ₹384-385 per equity share.

Ans. To apply for Stove Kraft IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Stove Kraft IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Stove Kraft IPO is Feb 3, 2021.

Ans. The Stove Kraft IPO will be listed on Feb 5, 2021.

Ans. Follow the steps to check the allotment status for Stove Kraft IPO here.