247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Stove Kraft Limited IPO (Stove Kraft IPO) Details

Stove Kraft Limited is an Electric Equipments based company, located in Ramanagar, Stove Kraft Limited IPO size was 412.63 Cr. and was issued at 385.00 per share. The share of Stove Kraft Limited were listed at 445.95 per share and are currently trading at 937.25 per share.

Type :
Sub Sector : Kitchen Solutions And Home Solution Manufacturing And Marketing
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
659.02 Cr.

PAT :
57.56 Cr.

Pricing Report

Issue Price :
385.00

Listing Price :
445.95

Current Market Price :
937.25

Issue Price vs CMP :
552.25 (143.44%)

listing Price vs CMP :
491.3 (110.17%)

Performance Report (CAGR* wise)

CAGR : 25.18
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Stove Kraft

Company Information
Stove Kraft Limited is a kitchen solutions and emerging home solutions brand, and one of the leading brands for kitchen appliances in India. It is a dominant player in the market for pressure cookers and among the market leaders in the sale of free-standing hobs and cooktops (Source: F&S Report). The company manufactures and retails a wide and diverse range of kitchen solutions under its Pigeon and Gilma brands and plans to commence manufacturing kitchen solutions under the BLACK + DECKER brand. These solutions will cover the entire range of value, semi-premium, and premium kitchen solutions.
The company
Object of Issue
  • To make the repayment or prepayment payment of company's borrowings fully or partially
  • To make partial or full payment of existing indebtedness of the Asset SPVs

Stove Kraft MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Feb, 2021
IPO Size :
412.63 Cr.
IPO Subscription :
18.03 X     
PE Multiple :
21.80
Merchant Banker :
Edelweiss Financial Services Limited
IPO Registrar:
Kfin Technologies Limited

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FAQs

Stove Kraft operates in Electric Equipments and Kitchen Solutions And Home Solution Manufacturing And Marketing. The Issue is listed on MainBoard in Feb, 2021. Stove Kraft IPO size was 412.63 Cr. with Issue price of 385.00 .

Merchant Banker(s) of Stove Kraft IPO: Edelweiss Financial Services Limited , Jm Financial Limited

Stove Kraft IPO subscription was 18.03 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Stove Kraft IPO listed at a listing price of 445.95 against the offer price of 385.00.

The current market price of Stove Kraft is 937.25.

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