JKB Financial Services Ltd.

NSE
BSE

GET IN TOUCH

GET IN TOUCH

< /label>

Refresh Captcha

Stove Kraft Ltd
Registered Office: 81/1 Medamarana Halli Village, Harohalli Hobli KanakapurTaluk, Bangalore Rural - 562112, Karnataka
Phone: 91-80-28016222
Email: cs@stovekraft.com
Website: www.stovekraft.com
Initial public offer of 10,717,532* equity shares of face value of Rs.10 each (equity shares) of Stove Kraft Limited (company or issuer) for Cash at a price of Rs. 385 per equity share (including a share premium of Rs. 375 per equity share) aggregating up to Rs. 412.63 Crores (offer) Comprising of a fresh issue of 2,467,532 equity shares aggregating up to Rs.95 Crores (fresh issue) and an offer for sale of 8,250,000 equity Shares comprising of 690,700 equity shares by the promoter, Rajendra Gandhi, 59,300 equity shares by the promoter, Sunita Rajendra Gandhi (promoter selling shareholders), 1,492,080 equity shares by Sequoia Capital India Growth Investment Holdings I (sci-gih) and 6,007,920 equity shares by SCI Growth Investments II (sci, together with sci-gih, investor selling shareholders) (the Investor selling shareholders together with the promoter selling shareholders, the selling shareholders), and such offered shares, The offered shares) aggregating up to Rs. 317.63 Crores (offer for sale). The offer will constitute 32.93%, of the post issue paid-up equity share Capital of the company. The Offer price Rs.385 per equity shares of Rs.10 each. The Offer price is 38.5 times of the face value.

Issue		Money Payable On
Opens On	Closes On	Application	Allotment
25-Jan-2021	28-Jan-2021	₹ 385.00	₹ 0.00

Minimum Application for shares in Nos : 38 Further Multiples of : 38
	(₹)Cr.	Lead Managers to the Issue
Project Cost	89.58	Edelweiss Financial Services Ltd
Project Financed through Current Offer	412.63
Post Issue Equity Share Capital	32.55
Issue Price	₹385.00

Projects
Repayment/Pre-payment in full or part of certain borrowings availed by the company
General Corporate Purposes

Promoted By
Rajendra Gandhi
Sunita Rajendra Gandhi

Listing At
BSE
NSE

Registrar to the Issue
KFin Techologies Ltd

INDIAN INDICES

Sensex

84,428.14 1,243.34 (1.49%)

Nifty

25,684.05 268.25 (1.06%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

18,013.98 440.68 (2.51%)

HANG SENG

18258.57 245.41(1.36%)