The very first month of 2021 is just started and we had 3 IPOs so far, IRFC, Indigo paints, and HFFC., And now Stove kraft limited is all set to shoot its IPO on January 25th, 2021. It is going to be an open subscription and in this blog, you will read every important detail about Stove kraft Limited’s IPO. With Our IPO portal, you can easily apply for this IPO via UPI.
The IPO of Stove Kraft Ltd, a kitchen appliance maker, will open for subscription on 25 January and will conclude on 28 January. A price band of Rs.384 to Rs.385 per equity share has been set by the firm. The initial share-sale offer of Stove Kraft comprises a new issue of equity shares totaling up to 95 crores and an offer to sell up to 82.50 lakh of equity shares.
|Date Of IPO||25th January 2021 to 28th January 2021.|
|Type of Issue||Book Built Issue.|
|Size of Issue||Equity Shares of Rs.10 totaling up to Rs.412.63 Crore.|
|Fresh Issue||Equity Shares of Rs.10 totaling up to Rs.95 Crore.|
|Offer for Sale||8,250,000 Equity Shares of Rs.10.|
|Face Value||Rs.10 per equity share.|
|IPO Price||Rs.384 to Rs.385 per equity share.|
|Min Order Quantity||38 shares.|
|Market value||38 Shares.|
|Listing at||BSE, NSE.|
|Last Date||January 28th, 2021.|
It is in the kitchen appliances market. Pigeon and Gilma comprise the flagship brands. Via our large range of products, it provides kitchen solutions, including pressure cookers, non-stick cookware, gas, and induction cooktops, mixer grinders, chimneys, and hobs, among others. The company has manufacturing facilities in Bangalore and at Baddi, Himachal Pradesh.