Kalyan Jewellers’ IPO to open on March 16

New Delhi, March 11

Kalyan Jewellers India Ltd on Thursday fixed a price band of Rs 86-87 a share for its Rs 1,175-crore IPO, which will open on March 16.

The three-day public issue would conclude on March 18 and the bidding for anchor investors would open on March 15, Kalyan Jewellers said in a virtual press meet.

The IPO comprises issuance of fresh equity aggregating up to Rs 800 crore and an offer for sale (OFS) worth Rs 375 crore. — PTI

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