20th Jan – Announcement of Price Band 22nd Jan – Anchor Investors Allotment 25th Jan – Offer Opens 28th Jan – Offer Closes 02nd Feb – Finalisation of Basis of Allotment 03rd Feb – Unblocking of ASBA Accounts 04th Feb – Credit of Equity Shares to Depository Accounts 05th Feb – Commencement of Trading
Stove Kraft IPO – Issue Information *(FINAL)*
Issue Opens on: 25 January 2021 Issue Closes on: 28 January 2021 Issue Type: Book Built Issue IPO Issue Size: 1,07,17,532 Shares Face Value: Rs.10/- per Share Issue Price: Rs.384 – Rs.385 Share Discount: NIL Market Lot: 38 Shares Listing At: NSE, BSE
Equity Shares outstanding prior to the Issue = 3,00,80,631 Shares Fresh Issue of 24,67,532 Shares @385/- = Rs.95.00Crs Offer for Sale of 82,50,000 Shares @385/- = Rs.317.63Crs Equity Shares outstanding after the Issue = 3,25,48,163 Shares
Subscription required for 1X RII = 28,204 Forms NII = 61.89Crs
Stove Kraft IPO – Financial Information (Basis of Valuation)
The information is collated from the following documents: 1) RHP = Red Herring Prospectus Dated January 19,2021(315 pages)
EPS for FY17-18 >>> Rs.(4.95) (Page #78 of RHP) EPS for FY18-19 >>> Rs.00.27 (Page #78 of RHP) EPS for FY19-20 >>> Rs.01.05 (Page #78 of RHP) EPS for H120-21 >>> Rs.09.57 (Page #78 of RHP)
RoNW for FY17-18 >>> 00.00% (Page #79 of RHP) RoNW for FY18-19 >>> 00.60% (Page #79 of RHP) RoNW for FY19-20 >>> 02.51% (Page #79 of RHP) RoNW for H120-21 >>> 18.43% (Page #79 of RHP)
NAV as on September 30, 2020 was Rs.51.89 (Page #79 of RHP)
Listed Industry Peer Group (Page #80 of RHP): TTK Prestige, Hawkins Cookers, Butterfly Gandhimathi Appliances
NII subscription hit 5X on second day of IPO, great going. Retail already subscribed almost 9 times. By third day retail quota will subscribed by 15-20 times. NII and QIB show starts after 12.30 PM tomorrow. Expecting 350X in NII.
NII subscription Data is correct ? i was expecting some where around 100 times looks all have ditched. Looks people have painted different colour on them ?
Yesterday I apply through icici Net banking amount blocked and application status showing ordered today also showing ordered not excuted yet any problem
Same bro, mera bhi yhi issue arha hai, kush toh problem chal rhi hai ICICI mai. mane customer care sai bat kri hai, voh bolte ki aap first customer ho jisko yeh problem ayi hai, aap bhi phn krke feedback do unko....
Aniket sir and other experts , can you plz tell what is expected ar in indian toners because already bought at high price for buyback and now price is very low
1) Home First (1 lot in all accounts - Best chance for allotment with decent profits possible) 2) Stove craft (1 lot in all accounts if funds available - Slightly difficult allotment with decent profits possible) 3) Indigo (1 lot in all accounts if funds available - Very difficult allotment with good profits possible)
Just apply 1 lot in retail category. If possible from multiple accounts. Don''t apply in HNI as it is expected to be around 350 to 400 times. With money you are planning it will be lottery even in HNI which is very difficult to get in HNI and you money will remain blocked.
Also there are other IPOs and opportunities like buyback available. Use your resources wise to get optimum returns.
201. Adv Sarin| Link| Bookmark|
January 21, 2021 1:11:32 PM
Top Contributor (200+ Posts, 100+ Likes)
Its very confusing, so high GMP but so low turnover. Till 2 o clock on 2nd day issue has not crossed even 4X why, means many people are not interested or it wont get that much return.
200. MAPatel| Link| Bookmark|
January 21, 2021 1:08:11 PM
Top Contributor (300+ Posts, 100+ Likes)
Arjunji Pls share GMP of all IPOs
199. P Patel| Link| Bookmark|
January 21, 2021 12:57:17 PM
IPO Mentor (900+ Posts, 900+ Likes)
NALCO - Buyback meeting will be held on 27th January
if i get allotments in both ,when should i sell them on the day of listing or should i hold them for long term.Am new to stock markets kindly suggets
197. RajBreaks| Link| Bookmark|
January 21, 2021 11:30:54 AM
Top Contributor (300+ Posts, 300+ Likes)
Dear Experts, Kindly Inform, How To Apply For Example 1.5 Lacs Capital In The 3 IPO''s Like
Indigo Paints Home First Finance Stove Kraft?
Should I Apply 50,000 Each In All These 3 Ipo''s or Your Suggestion Plz?
Thanks.
197.1. P Patel| Link| Bookmark|
January 21, 2021 11:44:09 AM
IPO Mentor (900+ Posts, 900+ Likes)
If you have only 1 demat account, apply 1 lot in each of them. ie 15000 each. There is no meaning to apply more than 1 lot in Retail category as every applicant is having equal chance for allotment irrespective of how many lot one apply.
196. Dr.strange| Link| Bookmark|
January 21, 2021 10:24:59 AM
Top Contributor (200+ Posts, 100+ Likes)
Pls reply..idfc ASBA allows how many applications ?