Stove Kraft Limited
25 Jan 2021 – 28 Jan 2021
LISTED
Offer Price
₹384–385
Bid lot
38
Min Application
₹14,630
Issue Size
₹413 Cr
Key dates
Open date
25 Jan 2021
Done
Close date
28 Jan 2021
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
05 Feb 2021
Today
Issue reservation
₹413 CrQIB 50%Retail 35%
QIB
53.6 L sh · ₹206.50 Cr
Retail
37.5 L sh · ₹144.55 Cr
BRLM: Edelweiss Financial Services Limited · JM Financial Limited
Lot ladder — how much to bid
1 lot = 38 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
38 sh · ₹14,630
Max · 13 lots
494 sh · ₹1,90,190
S-HNI · ₹2 L to ₹10 L14–68 lots
Min · 14 lots
532 sh · ₹2,04,820
Max · 68 lots
2,584 sh · ₹9,94,840
B-HNI · Above ₹10 L69+ lots
Min · 69 lots
2,622 sh · ₹10,09,470
Entry point
₹10,09,470 onward
Issue details
Lead managersEdelweiss Financial Services Limited, JM Financial Limited
Face value₹10
Listing onNSE
RegistrarKFIN Technologies Private Limited
Live subscription
15.44×
0×1×2×3×+
Oversubscribed
Book₹351.05 Cr
Subscribed₹5,420 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 53,63,637₹206.50 Cr | 4,30,16,365₹1,656 Cr | 8.02× |
| HNI | 16,09,091₹61.95 Cr | 5,26,49,456₹2,027 Cr | 32.72× |
| Retail | 37,54,546₹144.55 Cr | 9,77,68,366₹3,764 Cr | 26.04× |
| Total | 91,18,183₹351.05 Cr | 14,07,84,731₹5,420 Cr | 15.44× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 1,656.13 |
| HNI | 2,027.00 |
| Retail | 3,764.08 |
| Total | 5,420.21 |
Amounts at the upper band (₹385). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Stove Kraft Limited IPO?
One lot of 38 shares — ₹14,630 at the upper price band of ₹385.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2021-02-05 on NSE.