News

Kalyan Jewellers India inches up on reporting 33% rise in Q1 consolidated net profit Kalyan Jewellers India is currently trading at Rs. 183.15, up by 0.45 points or 0.25% from its previous closing of Rs. 182.70 on the BSE. The scrip opened at Rs. 185.55 and has touched a high and low of Rs. 186.75 and Rs. 178.35 respectively. So far 60603 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 188.95 on 09-Aug-2023 and a 52 week low of Rs. 69.00 on 10-Aug-2022. Last one week high and low of the scrip s...
Kalyan Jewellers India inches up on reporting 33% rise in Q1 consolidated net profit
Kalyan Jewellers India inches up on reporting 33% rise in Q1 consolidated net profit
Source: Accord Fintech
10/08/2023 9:55:51 AM
India`s Kalyan Jewellers quarterly profit surges on seasonal demand Kalyan Jewellers India reported on Wednesday a 33% surge in its first-quarter profit, underpinned by premium pricing and improved demand during the festive season. The jewellery retailer's profit came in at 1.44 billion rupees ($17.39 million) for the three-month period ended June 30. Demand for gold usually stays strong in April as Indians celebrate annual festival of Akshaya Tritiya, when buying bullion is considered auspicious. The Reserve Bank of India's decision to withd...
India`s Kalyan Jewellers quarterly profit surges on seasonal demand
India`s Kalyan Jewellers quarterly profit surges on seasonal demand
Source: Reuters
9/08/2023 2:34:24 PM
Kalyan Jewellers India moves up on planning to launch 11 new showrooms across India in August Kalyan Jewellers India is currently trading at Rs. 171.65, up by 1.60 points or 0.94% from its previous closing of Rs. 170.05 on the BSE. The scrip opened at Rs. 170.55 and has touched a high and low of Rs. 173.00 and Rs. 170.55 respectively. So far 21300 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 187.55 on 17-Jul-2023 and a 52 week low of Rs. 66.45 on 04-Aug-2022. Last one week high and low of the scrip s...
Kalyan Jewellers India moves up on planning to launch 11 new showrooms across India in August
Kalyan Jewellers India moves up on planning to launch 11 new showrooms across India in August
Source: Accord Fintech
4/08/2023 11:59:11 AM
Kalyan Jewellers India zooms on witnessing around 31% consolidated revenue growth in Q1FY24 Kalyan Jewellers India is currently trading at Rs. 165.45, up by 11.55 points or 7.50% from its previous closing of Rs. 153.90 on the BSE. The scrip opened at Rs. 157.25 and has touched a high and low of Rs. 166.50 and Rs. 157.25 respectively. So far 1281843 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 166.50 on 07-Jul-2023 and a 52 week low of Rs. 62.20 on 14-Jul-2022. Last one week high and low of the scri...
Kalyan Jewellers India zooms on witnessing around 31% consolidated revenue growth in Q1FY24
Kalyan Jewellers India zooms on witnessing around 31% consolidated revenue growth in Q1FY24
Source: Accord Fintech
7/07/2023 12:17:23 PM
India`s Kalyan Jewellers reports flat Q4 margins on higher costs Kalyan Jewellers India Ltd's core profit margins remain unchanged year-over-year, it said on Monday, as higher costs dulled the effect of higher revenue and record-high gold prices, sending the company's shares down as much as 4.2%. On the other hand, the Tata Group-owned Titan Co Ltd recently reported that its core profit margin increased as gold prices rose sharply in the second half of the January-March quarter. Kalyan Jewellers reported an 18% increase in overall revenue, to...
India`s Kalyan Jewellers reports flat Q4 margins on higher costs
India`s Kalyan Jewellers reports flat Q4 margins on higher costs
Source: Reuters
15/05/2023 3:35:58 PM
Kalyan Jewellers India inches up on reporting 10% rise in Q3 consolidated net profit Kalyan Jewellers India is currently trading at Rs. 117.95, up by 0.10 points or 0.08% from its previous closing of Rs. 117.85 on the BSE. The scrip opened at Rs. 118.45 and has touched a high and low of Rs. 119.80 and Rs. 117.45 respectively. So far 91590 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 134.00 on 29-Dec-2022 and a 52 week low of Rs. 55.20 on 11-May-2022. Last one week high and low of the scrip s...
Kalyan Jewellers India inches up on reporting 10% rise in Q3 consolidated net profit
Kalyan Jewellers India inches up on reporting 10% rise in Q3 consolidated net profit
Source: Accord Fintech
7/02/2023 2:31:53 PM
Kalyan Jewellers moves up on witnessing positive momentum in footfalls, revenue in Q3 FY23 Kalyan Jewellers is currently trading at Rs. 124.65, up by 4.25 points or 3.53% from its previous closing of Rs. 120.40 on the BSE. The scrip opened at Rs. 124.45 and has touched a high and low of Rs. 127.60 and Rs. 123.65 respectively. So far 290109 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 134.00 on 29-Dec-2022 and a 52 week low of Rs. 55.20 on 11-May-2022. Last one week high and low of the scrip stood ...
Kalyan Jewellers moves up on witnessing positive momentum in footfalls, revenue in Q3 FY23
Kalyan Jewellers moves up on witnessing positive momentum in footfalls, revenue in Q3 FY23
Source: Accord Fintech
9/01/2023 10:35:45 AM
Buy Kalyan Jewellers India Ltd For Target Rs. 150 - ICICI Securities Focus on (efficient) growth and governance  We like the developments on improving governance and RoCE (1) commitment on the franchisee business, (2) improving capital and investment discipline including divestment of non-core assets (including corporate aircraft) and (3) plans to accelerate capital deployment outside south India – in our recent update (link), we note that apart from Titan, Kalyan is the key potential national player. It reported a good performance in 2Q with ...
Buy Kalyan Jewellers India Ltd For Target Rs. 150 - ICICI Securities
Buy Kalyan Jewellers India Ltd For Target Rs. 150 - ICICI Securities
Source: ICICI Securities Ltd
9/12/2022 1:45:58 PM
Kalyan Jewellers surges on planning to expand retail footprint by over 30% in CY23 Kalyan Jewellers India is currently trading at Rs. 110.90, up by 3.05 points or 2.83% from its previous closing of Rs. 107.85 on the BSE. The scrip opened at Rs. 108.15 and has touched a high and low of Rs. 111.35 and Rs. 108.15 respectively. So far 207508 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 116.35 on 05-Dec-2022 and a 52 week low of Rs. 55.20 on 11-May-2022. Last one week high and low of the scrip ...
Kalyan Jewellers surges on planning to expand retail footprint by over 30% in CY23
Kalyan Jewellers surges on planning to expand retail footprint by over 30% in CY23
Source: Accord Fintech
9/12/2022 12:29:17 PM
Buy Kalyan Jewellers India Ltd For Target Rs. 140 - ICICI Securities Continuous improvement in (execution) markers with franchise-led expansion underway Kalyan Jewellers continues to benefit from (1) robust demand environment (even vs pre-covid) – early signs of festive demand are also encouraging and (2) continuous thrust on store expansion (higher salience of non-south franchise stores). We believe it is delivering well on key markers of (1) improving incremental return ratios and (2) expansion outside its core market of south India. We like (1) ...
Buy Kalyan Jewellers India Ltd For Target Rs. 140 - ICICI Securities
Buy Kalyan Jewellers India Ltd For Target Rs. 140 - ICICI Securities
Source: ICICI Securities Ltd
17/10/2022 10:44:57 AM
Kalyan Jewellers hits new 52-week high on reporting 20% consolidated revenue growth in Q2 FY23 Kalyan Jewellers India is currently trading at Rs. 103.50, up by 3.95 points or 3.97% from its previous closing of Rs. 99.55 on the BSE. The scrip opened at Rs. 101.30 and has touched a high and low of Rs. 104.60 and Rs. 99.60 respectively. So far 1238297 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 104.60 on 07-Oct-2022 and a 52 week low of Rs. 55.20 on 11-May-2022. Last one week high and low of the scrip s...
Kalyan Jewellers hits new 52-week high on reporting 20% consolidated revenue growth in Q2 FY23
Kalyan Jewellers hits new 52-week high on reporting 20% consolidated revenue growth in Q2 FY23
Source: Accord Fintech
7/10/2022 3:18:55 PM
Kalyan Jewellers India rises on planning to expand presence in Middle East through franchisee model Kalyan Jewellers India is currently trading at Rs. 93.65, up by 0.15 points or 0.16% from its previous closing of Rs. 93.50 on the BSE. The scrip opened at Rs. 95.20 and has touched a high and low of Rs. 95.55 and Rs. 93.20 respectively. So far 62627 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 101.30 on 15-Sep-2022 and a 52 week low of Rs. 55.20 on 11-May-2022. Last one week high and low of the scrip stood ...
Kalyan Jewellers India rises on planning to expand presence in Middle East through franchisee model
Kalyan Jewellers India rises on planning to expand presence in Middle East through franchisee model
Source: Accord Fintech
23/09/2022 11:46:10 AM
Moody`s withdraws rating of Kalyan Jewellers Credit rating agency Moody's Investors Service on Tuesday said it has withdrawn Kalyan Jewellers India Limited's (KJIL) B2 long-term corporate family rating. The rating outlook prior to withdrawal was stable. "In view of the current market conditions, the company has pushed back its plans to access the international debt capital markets. Moody's has decided to withdraw the rating for its own business reasons," Moody's said. The Rs 9,056 crore revenue Kalyan ...
Moody`s withdraws rating of Kalyan Jewellers
Moody`s withdraws rating of Kalyan Jewellers
Source: IANS
20/09/2022 2:57:59 PM
Buy Kalyan Jewellers Ltd For Target Rs.121 - Centrum Broking Perfecting towards stable performance; strong Buy We recently interacted with various business teams of Kalyan Jewellers to assess fundamental drivers for growth. We reckon, Kalyan has inherent advantage to its business model - hyperlocal strategy, generating strong enquiries given its solid understanding on local taste and demand for designs. Further our interaction with teams running, hallmarking center, wholesale manufacturer and ‘My Kalyan’ displayed confidence on generatin...
Buy Kalyan Jewellers Ltd For Target Rs.121 - Centrum Broking
Buy Kalyan Jewellers Ltd For Target Rs.121 - Centrum Broking
Source: Centrum Broking Ltd
7/09/2022 3:01:08 PM
Buy Kalyan Jewellers India Ltd For Target Rs. 100 - ICICI Securities Progress on most business parameters. Appoints Mr Vinod Rai (ex-CAG) as Chairman of Board We believe Kalyan is delivering well on its key markers of (1) improving incremental return ratios and (2) expansion outside its core market of south India. We like the (1) commitment on the franchisee business, (2) improving capital and investment discipline and (3) potential outside south India – in our recent update (link), we note that apart from Titan, Kalyan is the key potential national p...
Buy Kalyan Jewellers India Ltd For Target Rs. 100 - ICICI Securities
Buy Kalyan Jewellers India Ltd For Target Rs. 100 - ICICI Securities
Source: ICICI Securities Ltd
6/08/2022 2:10:42 PM
Kalyan Jewellers trades in green on the bourses Kalyan Jewellers India is currently trading at Rs. 64.05, up by 0.45 points or 0.71% from its previous closing of Rs. 63.60 on the BSE. The scrip opened at Rs. 62.25 and has touched a high and low of Rs. 64.50 and Rs. 62.25 respectively. So far 19818 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 83.55 on 10-Nov-2021 and a 52 week low of Rs. 55.20 on 11-May-2022. Last one week high and low of the scrip stood a...
Kalyan Jewellers trades in green on the bourses
Kalyan Jewellers trades in green on the bourses
Source: Accord Fintech
13/07/2022 12:57:00 PM
Kalyan Jewellers planning to strengthen retail footprints in non-south market Kalyan Jewellers is planning to strengthen its retail footprints in the non-south market by adding 10 showrooms before Diwali. It is planning to add 10 more stores, five each company-owned and franchise model, in non-south markets, including three in Delhi/NCR, three in Uttar Pradesh, two in Maharashtra, one each in Odisha and Chhattisgarh. For this expansion, the company has outlined a capex of around Rs 250-300 crore, which will be raised through internal accruals. Kalyan Jewellers India...
Kalyan Jewellers planning to strengthen retail footprints in non-south market
Kalyan Jewellers planning to strengthen retail footprints in non-south market
Source: Accord Fintech
12/07/2022 11:26:35 AM
Buy Kalyan Jewellers Ltd For Target Rs.101 - Centrum Broking Strong business momentum led by SSSG in Q1FY23 Kalyan Jewellers, in its exchange fillings today said that in Q1FY23 it witnessed robust momentum in both footfalls and revenue across India as well as in Middle East. Consolidated revenue is expected to grow over 105% in Q1FY23, whereas India business to report +115% growth on YoY. Management alluded that it is witnessing strong operating momentum driven by resilience of category business along with shift in demand from unorganized to organiz...
Buy Kalyan Jewellers Ltd For Target Rs.101 - Centrum Broking
Buy Kalyan Jewellers Ltd For Target Rs.101 - Centrum Broking
Source: Centrum Broking Ltd
8/07/2022 2:02:19 PM
Buy Kalyan Jewellers India Ltd For Target Rs.101 - Centrum Broking In-line revenues with high base, profits disappoints Kalyan’s Q4FY22 performance was in-line; off high base, consolidated revenue/ EBITDA/PAT declined 6.5%/4.1%/2.5%. Management alluded, in the face of Omicron disruption in Jan/Feb coupled with volatility in gold prices, it saw strong footfalls in Mar driven by pent-up demand across markets led by festive season. India revenues declined 8.3% led by non-south markets (+8.3%) outpaced south markets (-15.9%). The share of studded jewelr...
Buy Kalyan Jewellers India Ltd For Target Rs.101 - Centrum Broking
Buy Kalyan Jewellers India Ltd For Target Rs.101 - Centrum Broking
Source: Centrum Broking Ltd
13/05/2022 11:14:03 AM
Kalyan Jewellers Ind Q4 net profit up 5.98% at Rs 70.48 cr The company reported standalone net profit of Rs 70.48 crore for the quarter ended March 31, 2022 as compared to Rs 66.50 crore in the same period last year, registering a year-on-year growth of 5.98 per cent. Net revenue of the company declined moderately by 8.27 per cent at Rs 2,398.79 crore in January-March quarter of this fiscal as against Rs 2,614.94 crore in the corresponding period last year. During January-March quarter, operating expenses dropped by 8.68 per cent to Rs 2,210.59 crore...
Kalyan Jewellers Ind Q4 net profit up 5.98% at Rs 70.48 cr
Kalyan Jewellers Ind Q4 net profit up 5.98% at Rs 70.48 cr
Source: Dion Global Solutions Ltd
11/05/2022 3:38:24 PM
Key News - Vedanta Ltd, Shriram Transport Finance , Reliance Industries Ltd, Accenture ,Kalyan Jewellers, By ARETE Securities Key News Vedanta visits Pune to explore feasibility to set up semiconductor plant A team from Indian conglomerate Vedanta has visited Pune to survey the feasibility of setting up its electronic chip plant in the district, a government official said on Friday. Vedanta Group firms have applied for setting up semiconductor and display manufacturing units in the country under the government's incentive scheme.   Shriram Transport Finance raises Rs 900 cr by issuing bonds ...
Key News - Vedanta Ltd, Shriram Transport Finance , Reliance Industries Ltd, Accenture ,Kalyan Jewellers, By ARETE Securities
Key News - Vedanta Ltd, Shriram Transport Finance , Reliance Industries Ltd, Accenture ,Kalyan Jewellers, By ARETE Securities
Source: ARETE Securities Ltd
28/02/2022 9:35:54 AM
Buy Kalyan Jewellers India Ltd For Target Rs.100 - ICICI Securities Hardwork (smart/execution) + industry tailwinds Kalyan reported a good operating performance despite some restrictions in Kerala. The share of gold jewelry remained high with continued new customer recruits from the unorganized segment – we like the increased focus on low value studded to up-trade these consumers. The renewed thrust on store expansion is a major positive. Its other key strengths are (1) hyperlocal model, (2) a network of 800+ My Kalyan centres to drive footfalls and ...
Buy Kalyan Jewellers India Ltd For Target Rs.100 - ICICI Securities
Buy Kalyan Jewellers India Ltd For Target Rs.100 - ICICI Securities
Source: ICICI Securities Ltd
16/12/2021 10:53:45 AM
Key News - MakeMyTrip, Google, Cradlewise, Kalyan Jewellers India Ltd By ARETE Securities Key News MakeMyTrip partners with IndiGo to launch charter flights to Phuket Travel company MakeMyTrip has partnered with IndiGo airline to launch exclusive charter flights between Mumbai and Phuket in Thailand, according to a statement on Wednesday. "As the pandemic eases and countries begin welcoming back Indian travellers, MakeMyTrip together with IndiGo, is making travelling to the island easy while Phuket continues to remain closed for direct flyers from India," the state...
Key News - MakeMyTrip, Google, Cradlewise, Kalyan Jewellers India Ltd By ARETE Securities
Key News - MakeMyTrip, Google, Cradlewise, Kalyan Jewellers India Ltd By ARETE Securities
Source: ARETE Securities Ltd
11/11/2021 9:33:30 AM
Buy Kalyan Jewellers India Ltd For Target Rs.95 - ICICI Securities FY21-23E likely to be (significant) turnaround years Kalyan reported an in-line operating performance with higher disruption in its core markets weighing on revenues in 1Q. Share of gold jewelry continued to be high with continued new customer recruits from the unorganized segment. Lower GSS (advance purchase scheme) subscriptions is marginal near-term headwind. We expect Kalyan to focus on store expansion in FY22. BUY; TP Rs95. We believe mandatory hallmarking (link) will create a leve...
Buy Kalyan Jewellers India Ltd For Target Rs.95 - ICICI Securities
Buy Kalyan Jewellers India Ltd For Target Rs.95 - ICICI Securities
Source: ICICI Securities
1/10/2021 11:52:24 AM
Buy Kalyan Jewellers India Ltd For Target Rs. 95 - ICICI Securities India operations recover well Kalyan reported an in-line operating performance with consolidated revenues up 43% yoy [India: +61%; Middle East (15%)]. Share of gold jewelry increased as growth in south India was better than north due to lower operating restrictions. Even as store operations are currently impacted due to fresh restrictions, we expect Kalyan to focus on store expansion in FY22 - it has opened nine stores in April 2021. Likely implementation of hallmarking effective June 15 m...
Buy Kalyan Jewellers India Ltd For Target Rs. 95 - ICICI Securities
Buy Kalyan Jewellers India Ltd For Target Rs. 95 - ICICI Securities
Source: ICICI Securities
1/07/2021 11:25:56 AM
Buy Kalyan Jewellers India Ltd Target Rs. 95 - ICICI Securities Store expansion is the key; initiate with BUY Kalyan Jewellers India (Kalyan) is a pan-India jeweller with focus on the strengths of: 1) store expansion, 2) consistent investment in brand, 3) hyperlocal strategy, and 4) My Kalyan network differentiation (in our view). Accelerated industry formalisation and new store addition of 15-20 per annum are medium-term revenue growth drivers. We forecast 20% and 36% CAGR in revenues and EBIDTA respectively, over FY21E-FY23E. We initiate coverage wit...
Buy Kalyan Jewellers India Ltd Target Rs. 95 - ICICI Securities
Buy Kalyan Jewellers India Ltd Target Rs. 95 - ICICI Securities
Source: ICICI Securities
22/06/2021 9:45:01 AM
Kalyan Jewellers Ind Q4 net profit up 15.75% at Rs 66.50 cr The company reported standalone net profit of Rs 66.50 crore for the quarter ended March 31, 2021 as compared to Rs 57.45 crore in the same period last year, registering a year-on-year growth of 15.75 per cent. Net revenue of the company rose substantially by 60.64 per cent at Rs 2,614.94 crore in January-March quarter of this fiscal as against Rs 1,627.79 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 65.01 per cent to Rs 2,420.61 c...
Kalyan Jewellers Ind Q4 net profit up 15.75% at Rs 66.50 cr
Kalyan Jewellers Ind Q4 net profit up 15.75% at Rs 66.50 cr
Source: Dion Global Solutions Ltd
27/05/2021 2:10:21 PM
Kalyan Jewellers India gains on extending gold ownership certificate initiative Kalyan Jewellers India is currently trading at Rs. 58.40, up by 0.30 points or 0.52% from its previous closing of Rs. 58.10 on the BSE. The scrip opened at Rs. 58.50 and has touched a high and low of Rs. 58.80 and Rs. 58.20 respectively. So far 4604 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 81.00 on 26-Mar-2021 and a 52 week low of Rs. 58.00 on 05-May-2021. Last one week high and low of the scrip stood at...
Kalyan Jewellers India gains on extending gold ownership certificate initiative
Kalyan Jewellers India gains on extending gold ownership certificate initiative
Source: Accord Fintech
6/05/2021 10:27:47 AM
India's Kalyan Jewellers IPO loses shine, sees tepid demand By Anuron Kumar Mitra BENGALURU - Kalyan Jewellers India Ltd's initial public offering was oversubscribed by just 1.28 times on Thursday, a sign of tepid interest among investors unimpressed by the jeweller's recent financial results and spooked by a drop in gold demand. The numbers compare unfavourably to other listings this year, including for paint maker Indigo Paints Ltd, which was 50 times oversubscribed, and engineering firm MTAR Technologies Ltd, oversubscribed ...
India's Kalyan Jewellers IPO loses shine, sees tepid demand
India's Kalyan Jewellers IPO loses shine, sees tepid demand
Source: (Reuters)
18/03/2021 10:20:45 PM
Views On Kalyan Jewellers - IPO update By Amarjeet Maurya, Angel Broking Ltd Below are Views On Kalyan Jewellers - IPO update By Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd “Ahead of IPO opening Kalyan Jewellers (KJIL) got good response from anchor investors which were around ~Rs352cr (~30% of IPO issue size). The name investors are Government of Singapore, Sundaram Mutual Fund, BNP Paribas, HDFC Life Insurance Company etc. We have a subscriber rating on IPO. In terms of valuations, the pre-issue TTM EV/Sales works ou...
Views On Kalyan Jewellers - IPO update By Amarjeet Maurya, Angel Broking Ltd
Views On Kalyan Jewellers - IPO update By Amarjeet Maurya, Angel Broking Ltd
Source: Angel Broking Ltd
16/03/2021 11:17:07 AM
IPO Note - Kalyan Jewellers India Ltd By Angel Broking Kalyan Jewellers India Limited (KJIL) was incorporated in 1993. The company is one of the largest jewellery companies in India based on revenue as of March 31, 2020. The company was established by their founder and one of their Promoters, T.S. Kalyanaraman.Kalyan Jewellers has expanded to become a pan-India jewellery company, with 107 showrooms located across 21 states and union territories in India, and also has an international presence with 30 showrooms located in the Middle East as of Dec...
IPO Note - Kalyan Jewellers India Ltd By Angel Broking
IPO Note - Kalyan Jewellers India Ltd By Angel Broking
Source: Angel Broking Ltd
16/03/2021 9:57:09 AM
IPO Note - Kalyan Jewellers Ltd By Ventura Securities Kalyan Jewellers Ltd (KJL), established in 1993, is a pan-India jewellery company engaged in designing, manufacturing and selling a wide range of gold, studded and other jewellery products. KJL has 107 showrooms located across 21 states and union territories in India and also an international presence with 30 showrooms across 8 cities located in the Middle East, as on December 31, 2020. KJL has undertaken pioneering initiatives in the Indian jewellery retail industry by introducing measures a...
IPO Note - Kalyan Jewellers Ltd By Ventura Securities
IPO Note - Kalyan Jewellers Ltd By Ventura Securities
Source: Ventura Securities Ltd
15/03/2021 4:39:06 PM
IPO Note - Kalyan Jewellers India Ltd By Religare Broking About the Company Incorporated in 1993, Kalyan Jewellers India Ltd is one of the largest jewellery companies in India. They design, manufacture and sell a wide range of gold (~75% of revenue), studded and other jewellery products (~25% of revenue). The company started operations with a single showroom in Thrissur, Kerala and they expanded to become a pan-India company over the years, with 107 showrooms located across 21 states and union territories in India. Also, they have an internationa...
IPO Note - Kalyan Jewellers India Ltd By Religare Broking
IPO Note - Kalyan Jewellers India Ltd By Religare Broking
Source: Religare Broking Ltd
15/03/2021 4:06:18 PM
IPO Note - Kalyan Jewellers India Ltd By Choice Broking Salient features of the IPO: * The Kerala-based jewelry maker, Kalyan Jewellers India Ltd. (Kalyan Jewellers) is planning to raise up to Rs. 11,750mn through an IPO, which opens on 16th Mar. and closes on 18th Mar. 2021. The price band is Rs. 86 - 87 per share. * The issue is a combination of fresh issue and OFS. The company will not receive any proceeds from the OFS part. Of the net proceeds from the fresh issue, around Rs. 6,000mn will be utilized to fund the working capital requireme...
IPO Note - Kalyan Jewellers India Ltd By Choice Broking
IPO Note - Kalyan Jewellers India Ltd By Choice Broking
Source: Choice Broking Ltd
15/03/2021 12:51:38 PM
IPO Note - Kalyan Jewellers India Ltd By Geojit Financial Richly priced IPO, supported by long term gains to the branded jewellery Kalyan Jewellers India Ltd (KJIL), incorporated in 1993 by founder Mr. T.S. Kalyanaraman, is one of the largest jewellery company in India based on revenue in FY20 (source: Technopak Report) with 5.9% share in organised market. The company designs, manufactures and sells a wide range of gold, studded and other jewellery products across various price points ranging from jewellery for special occasions, such as weddings...
IPO Note - Kalyan Jewellers India Ltd By Geojit Financial
IPO Note - Kalyan Jewellers India Ltd By Geojit Financial
Source: Geojit Financial Services Ltd
15/03/2021 12:42:58 PM
IPO Note - Kalyan Jewellers India Ltd By ICICI Direct Established in 1993, Kalyan Jewellers is one of India’s largest jewellery companies having ~6% market share in the organised jewellery space. The company designs, manufactures and sells a wide range of jewellery products at varying price points for uses ranging from jewellery for special occasions such as weddings, which is its highest selling product category, to daily-wear jewellery. Over the years, the company has successfully expanded to become a pan-India player with 107 showrooms ...
IPO Note - Kalyan Jewellers India Ltd By ICICI Direct
IPO Note - Kalyan Jewellers India Ltd By ICICI Direct
Source: ICICI Direct
15/03/2021 12:35:06 PM
IPO Note - Kalyan jewellers India Ltd By Swastika Investmart * One of India's largest Jewellery companies. * Key business activities of the company are to design, manufacture, and sell a variety of gold, studded and other jewelry products for various occasions i.e. weddings, festivals. * The company serves its customer through 107 showrooms in India and 30 showrooms in the Middle East. * Strengths: 1) One of India's largest jewelry companies. 2) Strong network distribution. 3) Wide range of jewelry product offerings. e Risks: 1) Compan...
IPO Note - Kalyan jewellers India Ltd By Swastika Investmart
IPO Note - Kalyan jewellers India Ltd By Swastika Investmart
Source: Swastika Investmart Ltd
14/03/2021 11:12:06 AM
IPO Note - Kalyan Jewellers India Ltd By Swastika Investmart * One of India's largest Jewellery companies. * Key business activities of the company are to design, manufacture, and sell a variety of gold, studded and other jewelry products for various occasions i.e. weddings, festivals. * The company serves its customer through 107 showrooms in India and 30 showrooms in the Middle East. ¢ Strengths: 1) One of India's largest jewelry companies. 2) Strong network distribution. 3) Wide range of jewelry product offerings. * Risks: 1) C...
IPO Note - Kalyan Jewellers India Ltd By Swastika Investmart
IPO Note - Kalyan Jewellers India Ltd By Swastika Investmart
Source: Swastika Investmart Ltd
13/03/2021 6:24:18 PM