Kalyan Jewellers India Ltd - IPO

Kalyan Jewellers India Ltd IPO Details

Initial Public offering of 135,057,470 equity shares of face value of Rs. 10 each (equity shares) of Kalyan Jewellers India Limited (company or issuer) for cash at a Price of Rs. 87* per equity share (including a share premium of Rs. 77 per equity share) (offer price) aggregating to Rs. 1174.82 Crores, comprising a fresh issue of 91,954,022 equity shares by the company aggregating to Rs. 799.82 Crores (fresh issue) and an offer for sale of 43,103,448 equity shares (offered shares) aggregating to Rs. 375 Crores, comprising 14,367,816 equity shares aggregating to Rs. 125 Crores by Mr. T.S. Kalyanaraman (promoter selling shareholder) and 28,735,632 equity Shares aggregating to Rs. 250 Crores by Highdell Investment Ltd (investor selling shareholder and together with the promoter selling shareholder, the selling shareholders and such offer, the offer for sale and together with the fresh issue, the offer). The offer included a reservation of 229,885 equity shares aggregating to Rs. 1.82 Crores, for subscription by eligible employees (as defined hereinafter) (the employee reservation portion). The offer less the employee reservation portion is hereinafter referred to as the net offer. The offer and the net offer constituted 13.11% and 13.09% of the post-offer paid up equity share capital of the company, respectively.*The company and the selling shareholders, in consultation with the lead managers, have offered discount of Rs. 8 per equity share to eligible employees bidding in the employee reservation portion.Offer Price : Rs. 87 per Equity Share of face value of Rs. 10 each.Anchor Investor Offer Price : Rs. 87 per equity share.The Offer Price is 8.7 times the face value.

Objective of issue

Funding working capital requirements of the company. General corporate purposes.

Kalyan Jewellers India Ltd Contact Details

Kalyan Jewellers India Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - compliance@kalyanjewellers.net

Website - www.kalyanjewellers.net