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Stove Kraft IPO opens today: Should you subscribe to the issue?

Stove Kraft IPO opens today: Should you subscribe to the issue?
The Rs 412.62 crore IPO, that closes on January 28 comprises fresh issue of shares worth Rs 95 crore and an offer-for-sale (OFS) of up to 82.50 lakh equity shares
BusinessToday.In | January 25, 2021 | Updated 13:56 IST
Lot size of Stove Kraft IPO is 38 shares
The fourth public issue of the calendar year 2021, Stove Kraft initial public offer (IPO) is in progress on January 25. Price band has been fixed at Rs 384-385 per share.
Lot size of Stove Kraft IPO is 38 shares. A retail-individual investor can apply for multiples of 13 lots, thereafter for a minimum amount of Rs 14,630 and maximum of 494 shares for Rs 190,190. The book running lead managers to the IPO are Edelweiss Financial Services and JM Financial. KFin Technologies Private Ltd is the registrar to the issue. The company has already raised Rs 185 crore via anchor investors portion that was open for subscription on January 22, 2021. ....

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Stove Kraft IPO: Check issue date, price band and other details

Stove Kraft IPO: Check issue date, price band and other details
Stove Kraft IPO will open for subscription from January 25. It will be the fourth IPO to hit the market in January after IRFC, Indigo Paints and Home First Finance. Check out key details about the IPO:
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UPDATED: January 22, 2021 15:34 IST
The company is expected to use the proceeds from the IPO for repaying certain borrowings and funding general corporate expenses. (Photo: Reuters/Representational image)
Top kitchen solutions brand Stove Kraft will launch its initial public offering (IPO) for subscription on January 25. It will be the fourth IPO to hit the market in January after IRFC, Indigo Paints and Home First Finance. ....

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