The Economic Times
English EditionEnglish Editionहिन्दी
| E-Paper
Search
+

Investing

Kalyan Jewellers is all set to float its IPO. Keep these factors in mind before investing.

Kalyan Jewellers is all set to float its IPO. Keep these factors in mind before investing.
Kalyan Jewellers is all set to float its IPO. Keep these factors in mind before investing.
Getty Images
People buying gold jewellery on the occasion of Dhanteras ahead of Diwali at a jewellery store in Amritsar on November 13, 2020.

Synopsis

Kalyan Jewellers’ IPO comes at a time when the primary market has started to pick up steam, while equity markets are touching a new high every other day. However, pandemic-induced challenges, a tough competition, and higher gold prices may play spoilsport for the company. Should you be investing?

Jewellery showroom chain, Kalyan Jewellers India, is all set to float its initial public offering (IPO) through which it aims to raise INR1,750 crore.The public offer would consist of a fresh equity issue of INR1,000 crore and an offer for sale (OFS) worth INR750 crore through which the company’s promoter TS Kalyanaraman would be offloading shares worth up to INR250 crore, while Highdell Investment Ltd would sell up to INR500 crore worth of
Share This Article
  • GIFT ARTICLE
  • FONT SIZE
  • SAVE
  • COMMENT

Sign in to read the full article

You’ve got this Prime Story as a Free Gift

Why ?

  • Sharp Insight-rich, Indepth stories across 20+ sectors

  • Access the exclusive Economic Times stories, Editorial and Expert opinion

  • Clean experience with
    Minimal Ads
  • Comment & Engage with ET Prime community
  • Exclusive invites to Virtual Events with Industry Leaders
  • A trusted team of Journalists & Analysts who can best filter signal from noise
The Economic Times