Stove Kraft Limited IPO GMP

stove kraft limited IPO

Stove Kraft is one of the largest Kitchen appliance suppliers in India. The company manufactures and sells kitchen solutions under the brand name of "Pigeon" and "Gilima" brands and planning to manufacture value, premium, and semi-premium kitchen supplies under the "Black + Decker" brand. Its product portfolio has 660+ kitchen solutions including cookware, cooking appliances, household utilities, and others. In 2019, it also started manufacturing Pigeon LED products.

The company has a strong distribution network as under the "Pigeon" brand, it has 651 distributors in 27 states and 5 union territories and 12 distributors for exports and under the "Gilima" brand, it has 65 stores across 4 states and 28 cities. It not just distribute its products in the Indian market but also export them to countries like the USA, Mexico, Kenya, Qatar, Sri Lanka, Fiji, Bahrain, Kuwait, etc.

Stove Kraft has manufacturing facilities at Bengaluru (Karnataka) and Baddi (Himachal Pradesh). All Pigeon and Gilima branded appliances are manufactured at its Bengaluru unit and the Baddi facility focuses on Oil Company Business (OCB) to manufacture products like LPG stoves, inner lid cooker, etc

Below are Details of Grey Market Premium (GMP) and Kostak Rate of Stove Kraft Limited IPO.Please note GMP is only work when subscription figure is high.Always looks for subscription figure before looking to Grey Market Premium (GMP).Grey Market Premium (GMP) may go up or down depend on Subscription figure.Subscription figure is available on Home page for main line IPO and SME page for SME IPO.

IdGrey Market PremiumKostak RateRate Date
143335-40 RsNILL01 Feb 2021
142570-80 RsNILL27 Jan 2021
142180-90 RsNILL25 Jan 2021
141790-100NILL22 Jan 2021
1408800-810 Rs800 Rs20 Jan 2021
142975-80 RsNILL 28 Jan 2020

Your Comment:
 8 + 6 

Meet Jan 28 2021 4:34:57 PM
Apply with full force. It will gain on lists day.

Alert Jan 28 2021 4:28:47 PM
Dont apply. It will list at discount. QIB not investing

Mahesh babu Jan 28 2021 2:59:07 PM
Apply with full force. It will gain on lists day.

Ram Jan 28 2021 12:58:55 PM
Apply only if you have high risk appetite.

raj Jan 28 2021 12:17:55 PM
apply ya not

Ravi Jan 28 2021 7:43:33 AM
Should we apply in this IPO Wt is ur opinion guys

admin Jan 27 2021 9:11:39 PM
If QIB > 10x and HNI > 20x then go with few application.

admin Jan 27 2021 9:11:02 PM
It will be risky. Because of Budget as well as Price.

RAJA GANESH Jan 27 2021 6:31:11 PM
@ Admin, your view on this. Shall we apply with full force?

Rahul Manral Jan 27 2021 11:32:19 AM
Look like Investors are not showing their interest on it or I misunderstand somewhere. Can anybody suggest me in this?

Mukesh Shrama Jan 27 2021 11:01:20 AM
Apply blindly And Keep 100% open Don't sell in grey

AG Jan 25 2021 11:35:24 AM
Dear Admin What is your suggestion in this IPO. Should Subcribe or Not??