Stove Kraft IPO will start on Date 25 January 2021 and will close on 28 January with IPO Size of Rs. 412 crores and a price band of ₹384- ₹385 Per Share. Seems like January is the month of IPO with the debut of four IPO’s such as IRFC, Indigo Paints, Home First Finance IPO and Stove Kraft.
Stove Kraft is one of the leading kitchen appliance brands in India and is known for its pressure cooker, free stand hobs and cook-tops. Brands like Gilma, Pigeon, and Black+Decker have their products and are available over 25,000 retail outlets. The company also exports its Kitchen appliance products to the USA, Mexico, Kenya, Qatar, Sri Lanka, Fiji, Bahrain, Kuwait, etc.
Check out Stove Kraft IPO grey market premium aka Stove Kraft IPO GMP, Kostak rates, and subject to sauda rates as of today.
Stove Kraft IPO GMP Today
The Grey Market Premium of Stove Kraft IPO GMP is ₹65. It has been much volatile and the demand is going up for the last few days.
Stove Kraft IPO Kostak Price
The Kostak Price of Stove Kraft IPO is ₹N/A. The Kostak Price for this IPO is nil and no trades are happening.
Stove Kraft IPO Subject To Sauda Rates
The Subject to Sauda Price of Stove Kraft IPO is ₹1800 The price of Stove Kraft IPO Subject to Sauda is strong today and expected to remain the same for the next few days.
Stove Kraft IPO GMP Daily Movements
| Date | GMP | Kostak | Subject To |
| 4 February 2021 | 65 | – | 1800 |
| 3 February 2021 | 65 | – | 1800 |
| 2 February 2021 | 40 | – | 1800 |
| 1 February 2021 | 40 | – | 1800 |
| 29 January 2021 | 65 | – | 1800 |
| 28 January 2021 | 65 | – | 1800 |
| 27 January 2021 | 80 | – | 2000 |
| 26 January 2021 | 100 | 400 | 4500 |
| 25 January 2021 | 105 | 400 | 4500 |
| 24 January 2021 | 100 | – | – |
| 23 January 2021 | 100 | – | – |
| 22 January 2021 | 90 | – | – |
| 21 January 2021 | N/A | N/A | N/A |
| 20 January 2021 | N/A | N/A | N/A |
| 19 January 2021 | N/A | N/A | N/A |
Stove Kraft IPO Dates & Price Band :
| IPO Open: | 25 January 2021 |
| IPO Close: | 28 January 2021 |
| IPO Size: | Approx ₹412 Crore |
| Price Band: | ₹384– ₹385 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| Equity: | 1,07,17,532 Shares |
| Face Value: | ₹10 Per Equity Share |
Stove Kraft IPO Market Lot:
- Shares: Minimum 38 Shares & Maximum 494 Shares
- Minimum Amount: ₹14630
- Maximum Amount: ₹190190
Stove Kraft IPO Allotment & Listing :
- Basis of Allotment: 02 February 2021
- Refunds: 03 February 2021
- Credit to Demat accounts: 04 February 2021
- Listing: 05 February 2021
Read Also
Stove Kraft IPO Subscription
Stove Kraft Allotment Status
Stove Kraft IPO Date
About Stove Kraft IPO?
Just relying on the Stove Kraft IPO GMP (Grey Market Premium) is not the best way to invest your hard-earned money into a company, so we are here to provide you with a summary of the business of the company Stove Kraft Ltd. Stove Kraft is one of the major manufacturers of kitchen appliances such as pressure cookers, non-stick pans, and many more products under the umbrella of the company. Apart from making kitchen appliances, the company has also extended its hand in making LED lights under the brand of Pigeon LED which provides various lighting solutions for home, office, and many more.
As the company mainly focuses on kitchen products, in 2006 it tied up with the major petroleum marketing companies like IOCL, BPCL, and HPCL to market their products. In 2007 the company moved its manufacturing unit to Bangalore making it the company’s one of the largest manufacturing units. The company also received a major order from American giant Walmart, Belk, and Big Lots for cookware products which are the American chain stores and have retail stores located in the major parts of America. In 2017 the company signed a deal with Black + Decker and has become a global company.
The company includes various brands like Pigeon, Gilma, Black + Decker under its umbrella and provides the sale of products in Most of the regions of India. From cooking with a traditional cooker to providing innovations in traditional styles, the company has come a long way.
Vision of Stove Kraft Ltd. : To establish Stovekraft as a global brand, known for its values, assertiveness and the acumen to adapt to an ever-changing environment.
Mission of Stove Kraft Ltd. : To deliver innovative, user-friendly and superior quality products at best value to the customers, keeping in mind the prosperity of the company and its stakeholders.
Disclaimer:
– IPO Grey Market Premium (Stove Kraft IPO GMP) mention is valid for the specific date as mentioned in the header.
– We are not buying and selling IPO forms on IPO Grey Market.
– Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
– Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering Fundamentals of the companies.
What is Stove Kraft IPO Open Date for QIB, NII, and Retail?
The Stove Kraft IPO will open on 25 January 2021 for QIB, NII, and Retail.
What is the portion segment allocated to Stove Kraft IPO Investors?
The investor Portion for QIB is 50%, NII is 35% and Retail is 10%
How to Apply for Stove Kraft IPO?
You can easily apply for Stove Kraft IPO through ASBA via Bank Account or UPI through your stockbroker. If none of these options is viable for you then you can apply through your stockbroker by filling up the offline Stove Kraft IPO form.
Stove Kraft IPO Size?
The Stove Kraft IPO Size is Approx ₹412 crore
Stove Kraft IPO Price Band?
The Stove Kraft IPO Price Band is ₹384- ₹385 Per Share
Stove Kraft IPO Minimum Lot Size?
The minimum lot size of Stove Kraft IPO is 38 Shares with ₹14630 amount
Stove Kraft IPO Maximum Lot Size?
The maximum lot size of Stove Kraft IPO is 494 Shares with ₹190190 amount
What is Stove Kraft IPO Allotment Date?
The allotment date of Stove Kraft IPO is 2 February 2021
What is Stove Kraft IPO Listing Date?
The listing date of Stove Kraft IPO is 5 February 2021