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Kalyan Jewellers India trades at 12.53% discount, what should be your listing strategy?
According to market experts even at current levels, Kalyan Jewellers looks expensive.
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Kalyan Jewellers India shares tumbles on listing; opens at 15.06% discount
On the BSE, Kalyan Jewellers India opened at Rs 73.90, Rs 13.10 below its issue price marking a discount of 15.06%.
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Kalyan Jewellers IPO subscribed 1.21 times on Day 2
The initial public offer of Kalyan Jewellers India received bids for 11,56,77,912 shares against 9,57,09,301 shares on offer
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Kalyan Jewellers IPO opens; should you subscribe or avoid?
Proceeds from the fresh issue of shares would be utilised for working capital requirements and general corporate purpose.
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Kalyan Jewellers IPO opens tomorrow, should you subscribe?
Most analysts have given Kalyan Jewellers IPO 'Subscribe' for a long term rating on the back of brand recall and a strong pan India presence.
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Kalyan Jewellers IPO opens on March 16, all you need to know
Ahead of the IPO, the shares were quoting at a premium of Rs 7.5 or close to 9% in the grey market.
