Listing Date, Share Price, Issue Date & Review


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Short Info: स्टोव क्राफ्ट लिमिटेड सब्सक्रिप्शन की स्थिति – Stove Kraft IPO Subscription Status & Grey Market Premium (NSE & BSE India): Subscription Status of Stove Kraft Limited IPO, Stove Kraft Grey Market Premium GMP, Stove Kraft Limited IPO Price, Listing Date, Share Price, Issue Date & Review at Official Website nseindia.com & www.nseindiaipo.com.

Short Article Details:
Name of Article Stove Kraft Limited
Application Status Active
Article Published On 01/22/2021
Article Updated on  01/22/2021

Table of Content

स्टोव क्राफ्ट लिमिटेड सब्सक्रिप्शन की स्थिति 2021: Stove Kraft Limited IPO Subscription Status, GMP, Listing Date, Share Price News Update

Latest News Update: Stove Kraft Limited IPO Subscription Status Today
  • Stove Craft’s IPO will open on 25 January
  • Price band fixed at Rs 384-385 per share
  • Company to issue 95 crore new shares under IPO
  • Promoters Rajendra Gandhi and Sunita Rajendra Gandhi, currently, hold 1,84,43,919 equity shares, representing 61.31 percent of the pre-offer paid-up equity capital of the company.

Stove Kraft IPO Subscription Status Live:

Available Soon here…

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Stove Kraft IPO Subscription Status & Grey Market Premium 2021

Summary: The initial public offer (IPO) of kitchen appliances, Stove Kraft Ltd, will open for subscription on Monday. The company has fixed the price of each share for this IPO at Rs 384-385. This is the fourth company to launch its IPO in this calendar year. The IPO of Indian Railway Finance Corporation (IRFC) could be subscribed till Wednesday.

The Promoters of this company are Rajendra Gandhi and Sunita Rajendra Gandhi. The lead managers to the issue are Edelweiss Financial Services Limited,  JM Financial Limited  and the Registrar to this issue is KFin Technologies Private Limited.

Stove Kraft Limited 2021 – Overview
Name of Article Stove Kraft Limited IPO Subscription Status
in Language स्टोव क्राफ्ट लिमिटेड सब्सक्रिप्शन की स्थिति
IPO Date Jan 25, 2021 to Jan 28, 2021
Issue Type Book Built Issue IPO
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)
Face Value ₹10 per equity share
IPO Price ₹384 to ₹385 per equity share
Market Lot 38 Shares
Min Order Quantity 38 Shares
Listing At BSE, NSE
Important Dates: Stove Kraft Limited Schedule
Event Dates
Bid/Offer Launch date  Jan 25, 2021
Bid/Offer Last date Jan 28, 2021
Basis of Allotment finalization date Feb 2, 2021
Initiation of Refunds  Feb 3, 2021
Credit of Shares to Demat Acct  Feb 4, 2021
IPO Shares Listing Date  Feb 5, 2021

Stove Kraft IPO Subscription Details (Day by Day)

The opening and the closing date of Stove Kraft Limited IPO is January 25, 2021 and January 28, 2021.

Stove Kraft Limited IPO Subscription Status (Day 1)

Stove Kraft, one of the leading brands for kitchen appliances in India, has decided to launch its initial public offering for subscription on January 25. And this would be the fourth company to open an IPO in the month of January, after Indian Railway Finance Corporation which closed on January 20, Indigo Paints, which remains open for bidding, and Home First Finance Company, which opens today.

Stove Kraft IPO GMP – IPO Grey Market Premium (GMP) Today

Kitchen appliances brand Stove Kraft will launch its initial public offering (IPO) on January 25. This will be fourth such offering after Indian Railway Finance Corporation (IRFC), Indigo Paints, and Home First Finance Company IPOs hit the market in the month of January.


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Stove Kraft Limited IPO Grey Market Premium Updates

Stove Kraft IPO GMP Rates day by day with Kotak rates.

  • Grey market premium as on today is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A
  • Grey market premium as on 20-01-2021 is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A
  • Grey market premium as on 19-01-2021 is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A

Stove Kraft Limited IPO Date & Price Band:

 IPO Open:  25 January 2021
 IPO Close:  28 January 2021
 IPO Size:  Approx ₹412 Crore (Approx)
 Face Value:  ₹10 Per Equity Share
 Price Band:  ₹384 to ₹385 Per Share
 Listing on:  BSE & NSE
 Retail Portion:  35%
 Equity:  8,250,000 Shares

Stove Kraft Limited IPO Market Lot:

Minimum Lot Size:  Minimum 38 Shares
 Minimum Amount:  ₹14630
 Maximum Lot Size:  Maximum 494 Shares
 Maximum Amount:  ₹190190

Stove Kraft Limited IPO Shares Offered

Category Shares Offered
QIB
NII
Retail
Employee
Total

Stove Kraft Limited Allotment & Listing:

 Basis of Allotment:  02 February 2021
 Refunds:  03 February 2021
 Credit to Demat Account:  04 February 2021
 Listing Date:  05 February 2021

How to Subscribe for Stove Kraft Limited IPO?

Stove Kraft Ltd, manufacturer of kitchen appliances, on Thursday said it has fixed a price band of Rs 384-385 a share for its initial public offer, which will open for subscription on January 25. You can invest in Stove Kraft Limited IPO on Groww, via your UPI ID. Here’s how:

How to apply for the Stove Kraft Limited IPO Online?

Step 1- Applicant needs to login to your Groww account on web and then go to https://groww.in/ipo.

Step 2- You will be able to see a list of open, upcoming and recently closed IPOs.

Step 3- Select Stove Kraft Limited IPO from the list of open IPOs If you are using the Groww app, then click on the stocks tab and scroll down to see the list of open IPOs.

Step 4- As you click on Stove Kraft Limited IPO you will be able to view important details such as issue size, price etc on the IPO Card.

Step 5- You can also read the Red Herring Prospects for detailed information about the objects of the offer, promoters etc.

Step 6- Once you have read all the important information, click on ‘Apply’.

Step 7- Next, enter the bid price and quantity. You can either enter the price manually or place the bids at cut off price.

Step 8- The quantity will be in multiples of the lot size only which is 10 shares in the case of Stove Kraft Limited. You can place upto 3 bids.

Step 9- Click on ‘Continue’ to proceed, once you have placed the bids.

Step 10- Enter UPI ID, verify bids and click on ‘Submit Bid‘.

Step 11- A request will be sent to your UPI app .

Step 12- Approve the mandate to confirm the order. Upon confirming, the highest bid amount will be blocked in your account and cannot be used for withdrawal.

Step 13- This amount will get unblocked in case you do not receive an allotment.

And that’s it! Your IPO application is complete! You can check the status of your IPO application on the sidebar. Any modifications or order cancellation can be done only till the time the IPO is open.

How to invest in Stove Kraft Limited using Zerodha app

  • Login to Zerodha Kite console.
  • Go to IPO section in Portfolio
  • Choose the IPO you want to apply for from the list.
  • Enter the UPI ID, bid details like price and quantity.
  • Now hit submit.

How to invest in Stove Kraft Limited using ICICI Direct app

  • Login to ICICIdirect.com.
  • Go to the IPO section in Trade & Invest.
  • Fill the bid details like price and quantity.
  • And hit submit once confirm the details.

How to invest in Stove Kraft Limited using Angel Broking app

  • Log in to Angel Broking apps
  • Hit on ‘More’ on the top menu.
  • Click on ‘IPO’ from the dropdown.
  • Select the Stove Kraft Limited and click the ‘Apply’ button.
  • Enter UPI ID, investor type, order quantity and price.
  • Click ‘Apply’ to place the IPO order

Stove Kraft Allotment Status Online

Stove Kraft Limited Allotment Status Online: Link Intime IPO Date and Time
Stove Kraft Limited allotment status is not available at this time. IPO share allotment process takes 6 working days from the issue closing date. Please revisit us to check the latest updates for Stove Kraft Limited IPO allotment status.

Stove Kraft Limited IPO Subscription Status NSE India 2021: Stove Kraft Limited Online Application Process

ABOUT SCHEME
Stove Kraft Limited IPO Subscription Status NSE India 2021: Stove Kraft Limited Online Application Process – The IPO of Stove Kraft Ltd, a company that manufactures kitchen appliances in New Delhi , will open on Monday, 25 January. The price range for the IPO has been fixed at Rs 384-385 per share. The company gave this information on Thursday. The IPO will close on January 28. The issue will open for anchor investors on 22 January. Stove Craft will issue 95 crore new shares under the IPO.

Under this IPO, 6,90,700 shares of promoter Rajendra Gandhi, 59,300 shares of Sunita Rajendra Gandhi and 14,92,080 shares of Sequoia Capital India Growth Investment Holdings and 6,007,920 shares of SCI Growth Investments II will be available through Offer for Sale.

Company Promoters:

Rajendra Gandhi and Sunita Rajendra Gandhi are the company promoters.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in million)
30-Sept-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 4,984.99 4,712.91 4,257.26 3,936.42
Total Revenue 3,295.09 6,729.14 6,425.98 5,345.85
Profit After Tax 287.76 31.70 7.36 (120.18)

Key Things Before Investing in Stove Kraft Limited

Important Point about Stove Kraft Limited
  • Stove Kraft IPO to open on Jan 25; price band fixed at Rs 384-385 a share
  • The promoters Rajendra Gandhi and Sunit Rajendra Gandhi hold 1,84,43,919 shares amounting to 61.31% of the company pre-offer.
  • The Sequoia Capital-backed company markets its kitchen appliances under its flagship brands Pigeon and Gilma.
  • Stove Kraft’s initial share-sale offer comprises a fresh issue of equity shares aggregating up to Rs 95 crore and an offer for sale of up to 82.50 lakh equity shares.

Stove Kraft Limited IPO Subscription FAQs:

When Stove Kraft Limited IPO Subscription will start?

The IPO subscription starts on 25 January 2021 for QIB, NII, and Retail Investors.

How do I apply for the Stove Kraft Limited IPO?

You can apply for the Stove Kraft Limited using any supported UPI app by following two steps:

  • Enter your bid on Console
  • Accept UPI mandate on your phone

How to subscribe Stove Kraft Limited?

You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.

When Stove Kraft Limited will be listed?

The Stove Kraft IPO listing date is not available at this time. The Stove Kraft IPO is planned to list the shares on Feb 5, 2021, at BSE, NSE.

When Stove Kraft Limited date?

Stove Kraft Limited Timetable
IPO Opens On Jan 25, 2021
IPO Closes On Jan 28, 2021
Finalisation of Basis of Allotment Feb 2, 2021
Initiation of Refunds Feb 3, 2021
Credit of Shares to Demat Account Feb 4, 2021
IPO Listing Date Feb 5, 2021

How to check Stove Kraft Limited allotment Status?

Stove Kraft IPO allotment status is expected on Feb 2, 2021. Click the green button Stove Kraft IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

How do I check Stove Kraft Limited IPO live subscription?

One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE website.



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