What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Kalyan Jewellers India Limited IPO allotment date?

The basis of allotment for Kalyan Jewellers India Limited IPO is scheduled to be finalized on 23 Mar 2021.

Where can I check Kalyan Jewellers India Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Link Intime India Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 24 Mar 2021.

IPO GreyPremiumLIVE

Grey Market Intelligence

Kalyan Jewellers India Limited

ListedMainboard

Consumer Discretionary · NSE / BSE

Kalyan Jewellers is one of India’s largest jewellery companies, engaged in designing, manufacturing, and selling a wide range of gold, studded, and other jewellery products for occasions like weddings and festivals. The company began with a single showroom in Kerala and has expanded to 107 showrooms across 21 states and union territories in India, along with 30 showrooms in the Middle East to serve overseas customers. Gold jewellery constitutes the major share of its revenue, accounting for 74.77% in fiscal 2020, followed by studded (diamond and precious stone) and other jewellery segments.

Price Band

₹86 – ₹87

Issue Size

₹1175 Cr

Lot Size

172 shares

GMP

₹5

-5.8%

Est. Listing

₹82

at current GMP

Subscribed

—

Open

16 Mar 2021

18 Mar 2021

Allotment

23 Mar 2021

Refund

24 Mar 2021

Demat Credit

25 Mar 2021

Listing

26 Mar 2021

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Kalyan Jewellers India Limited Allotment Status

Designated Registrar: Link Intime India Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

23 Mar 2021

Basis finalization

Refunds Initiate

24 Mar 2021

Mandate release

Demat Credit

25 Mar 2021

Shares in demat

Listing Debut

26 Mar 2021

Trading begins

About Kalyan Jewellers India Limited Public Issue & Market Profile

Kalyan Jewellers India Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹1,175 Crores. The shares are offered at a price band of ₹86 to ₹87 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2021-03-18, the basis of allotment is scheduled to be finalized on 2021-03-23. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.