Kalyan Jewellers IPO Listing Date: Will investors gain windfall or not? Analysts explain
Kalyan Jewellers India IPO Listing Date: After IPO, Kalyan Jewellers will make its stock market debut today. The Rs 1175-cr public issue received a muted response and was subscribed 2.61 times. The issue was sold in the price band of Rs 86-87 per share. Many analysts are saying that since the market has fallen in past few sessions and the IPO pricing has been a little higher, the listing is expected to be below the issue price.
Zee Business Managing Editor Anil Singhvi said that he had already given AVOID rating to subscribe for the IPO. He expects the IPO to list below issue price of 87: Reuters