Stove Kraft Ltd

JM Financial Ltd

Initial public offer of up to (*) equity shares of face value of Rs.10 each (equity shares) of Stove Kraft Limited (company or issuer) forCash at a price of Rs.(*) per equity share (including a share premium of Rs.(*) per equity share) aggregating up to Rs.(*) Crores (offer)Comprising of a fresh issue of (*) equity shares aggregating up to Rs.95 Crores (fresh issue) and an offer for sale of up to 8,250,000 equityShares comprising of up to 690,700 equity shares by the promoter, Rajendra Gandhi, up to 59,300 equity shares by the promoter, Sunita Rajendra Gandhi (promoter selling shareholders), up to 1,492,080 equity shares by Sequoia Capital India Growth Investment Holdings i (sci-gih) and up to 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.(*) Crores (offer for sale). The offer will constitute (*)%, of the post issue paid-up equity share Capital of the company.The price band is Rs.384 to Rs.385 per equity shares of Rs.10 each.The Floor price is 38.4 times of the face value and the cap price is 38.5 times of the face value.Bid can be made for a minimum of 38 equity shares and in multiples of 38 equity shares thereafter.

  • Issue

    • Opens On25 Jan 2021
    • Closes On28 Jan 2021
  • Money Payable On

    • Application769
    • Allotment0
  • Project Cost (Cr.)0
  • Post Issue Equity Share Capital (Cr.)32.55
  • Issue Price (D)384

Further Multiples of: 38


  • Promoted By
    • Listing AtNSE
    • Registrar to the Issue - KFin Techologies Pvt Ltd

    81/1 Medamarana Halli Village Harohalli Hobli KanakapurTaluk Bangalore Rural

    Karnataka- 562112

    Phone - 91-80-28016222

    Fax - 91-80-28016209

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