Stove Kraft Limited IPO II Details highlighted by Axis Capital
Stove Kraft Limited (“Stove Kraft'') is the kitchen solutions and an emerging home solutions brand and one of the leading brands for kitchen appliances in India and one of the dominant players for pressure cookers and a market leader in the sale of freestanding hobs and cooktops. Stove Kraft is engaged in the manufacture and retail of a wide and diverse suite of kitchen solutions under the Pigeon and Gilma brands.
Axis Capital says that Stove Kraft Limited is a fresh Issue of Equity shares aggregating upto Rs 95 cr and Offer for sale of upto 8250000 Equity Shares. Issue size is of Rs 411.80 cr – 412.65 cr: image taken from youtube.com