
Consumer Discretionary · NSE / BSE
Stove Kraft is one of India’s largest kitchen appliance suppliers, manufacturing and selling products under the “Pigeon” and “Gilima” brands, and planning value, premium, and semi-premium products under the “Black + Decker” brand. Its portfolio includes over 660 kitchen solutions such as cookware, cooking appliances, household utilities, and LED products introduced in 2019. The company has a robust distribution network with 651 distributors for Pigeon across 27 states and 5 union territories, 12 export distributors, and 65 Gilima stores across 28 cities in 4 states. Stove Kraft exports to countries including the USA, Mexico, Kenya, Qatar, Sri Lanka, Fiji, Bahrain, and Kuwait. Its manufacturing facilities are located in Bengaluru, Karnataka, for Pigeon and Gilima products, and Baddi, Himachal Pradesh, focusing on LPG stoves and related products.
Price Band
₹384 – ₹385
Issue Size
₹413 Cr
Lot Size
38 shares
GMP
+9.1%
Est. Listing
₹420
at current GMP
Subscribed
—
Open
25 Jan 2021
Close
28 Jan 2021
Allotment
2 Feb 2021
Refund
3 Feb 2021
Demat Credit
4 Feb 2021
Listing
5 Mar 2021