We are pleased to invite you to the Virtual Brokers and Analysts Conference of Kalyan Jewellers India Ltd, to announce the company’s forthcoming IPO, scheduled for tomorrow, Friday, March 12, 2021 at 3:45 PM.
This issue is coming out with high valuation and it''s PE comes out to approximately 58. Which is too costly. Thangamyli is available at 10 pe. Choice is yours
Secondly the history of Jewellery issue is not encouraging till the date. All issues are below issue price.
PC Jewellery fell from 600Rs to 10Rs. Now hovering around 30Rs. Gold business has lots of black money next only to Real Estate. So take your own decision.
Mtar Money refund to Anupam Easy Money refund can be use to Lakshmi or Craftsman (Easy closing Wed and fourth working falls on Wednesday. On that day Lakshmi or Craft closing date. Anupam refund can be use Nazara Tech. Kalyan Fresh money to be deployed.
Loss in FY 2019 and loss in 9M FY21, and retail quota reduced to 10% only. IPO coinciding with Anupam, Lakshmi, Craftsman; therefore, subscription in retail will be less than what was seen in Easytrip.