The grey market premium on Kalyan Jewellers’ initial public offering has vanished

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Kalyan Jewellers Asian nation will join Titan Company Ltd, a listed peer with a P/E of 84.23x, once it is listed.

The basis of allotment for Kalyan Jewellers India’s Rs 1,175-crore IPO, which was subscribed 2.61 times, will be completed on Tuesday, March 23, 2021. Funds will be unblocked from the ASBA account on March 24 and equity shares will be credited to allottees’ Demat accounts on March 25, 2021, once the basis for allotment of funds is completed. The company is expected to list on the stock exchange on March 26. Kalyan Jewellers India’s grey market premium has gone, and the stock is now trading at a marginal discount. On Tuesday, Kalyan Jewellers shares were trading at a discount of Rs 1.25 to the IPO price. In comparison to the 9.57 crore shares on offer, Kalyan Jewellers India received bids for 24.95 crore shares. Investors can check their subscription status in Kalyan Je if the basis for share allotment has been completed. The registrar for Kalyan Jewellers India IPO is Link Intime India, a SEBI-registered company in charge of the IPO allotment and refund process.

Link Intime India can be used to check Kalyan Jewellers India’s share allotment status.

Select ‘Kalyan Jewellers India — IPO’ from the drop-down list on the Link Intime India website to check the share allotment status.

PAN, Application Number, or Depository/Client ID should all be checked. Fill in the box with the permanent account number, Application Number, or Depository/Client ID. Click the submit button after entering the captcha in the supplied space. This will show how many shares have been applied for and allocated to the investor. Check share allotment standing in Kalyan Jewellers Bharat via a bovine spongiform encephalitis website

Another way to ascertain the allotment standing in Kalyan Jewellers Bharat Ltd is through the bovine spongiform encephalitis website (https://www.bseindia.com/investors/appli_check.aspx). Choose ‘equity because the issue sort, and ” Kalyan Jewellers Bharat Ltd’ because of the issue name from the drop-down list. Enter the applying variety and PAN (permanent account number). within the last step, click on the search tab to look at the standing details.

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