StoveKraft IPO summary:-

StoveKraft IPO Date

Stove Kraft IPO date is 25 January and closes on 28 January 2021.


StoveKraft IPO Offer Details or Issue Details

Issue Open DateJan 25, 2021
Issue Close DateJan 28, 2021
Basis of Allotment Date2 Feb 2021
Initiation of Refunds3 Feb 2021
Credit of Shares to Demat Account4 Feb 2021
IPO Listing Date5 Feb 2021
Issue Size (Rs cr)[.] Eq Shares of ₹10
(aggregating up to ₹412.63 Cr
Fresh Issue[.] Eq Shares of ₹10
(aggregating up to ₹95.00 Cr)
Offer for Sale8,250,000 Eq Shares of ₹10
(aggregating up to ₹[.] Cr
Issue Price₹384 to ₹385 per equity share
Face ValueRs.10
Bid size38 shares 
Listing onBSE, NSE
Issue TypeBook Built Issue IPO

Stovekraft IPO application Details:

Issue Lot Size38 Shares
Minimum Lots38 Shares
Maximum Lots13 Lots (494)


Stove Kraft IPO Grey Market Premium

The Stove Kraft Limited IPO Grey Market Premium price is Rs XY, the Kostak rate is Rs XY and the Subject to Sauda is XY. 


Objects of the Offer

  • To meet the Working Capital Requirements
  •  General Corporate Purposes
Read more about other IPOs
Nazara Tec. Ltd. IPOLaxmi Organic Ltd. IPOIndigo Paints Ltd.IPO Kalyan Jewellers IPO 

Stovekraft Ltd company summary:-

StoveKraft IPO

Stovekraft Ltd (ISO 9001:2008 certified) is the largest limited company in the kitchen appliances industry.

It is engaged primarily in the business of manufacturing of pressure cookers, LPG stoves, non-stick cookware, wick stoves and trading of other kitchens, home and electrical appliances under the brand names “Black and Decker” “Pigeon”, “Pigeon LED” and “Gilma”


Stove Kraft IPO – Promoters

The Promoters of this company are:

  • Rajendra Gandhi
  • Sunita Rajendra Gandhi

Stove Kraft Limited – Financial Statements

A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:

Financial Summary:

On the basis of standalone  financial statement:

30-Sep-1931-Mar-19Mar-1831-Mar-17
Total Assets4,934.774,257.263,936.423,508.87
Total Revenue3,174.336,425.985,345.855,179.54
Total Expense3,126.806,413.745,471.405,361.79
Profit After Tax43.897.36(120.18)(185.03)
Amount (in INR & Million)

Earnings per Equity Share

30-Sep-19Mar-1931-Mar-1831-Mar-17
Basic & Diluted1.770.33(6.35)(9.78)
Amount (in INR & Million)

Stovekraft Ltd IPO FAQs

How to apply in Stovekraft Ltd IPO through Upstox?

Upstox Logo

Applying for an IPO on the Upstox platform is easy. All you need to do is follow the steps below.

  • Open a Demat + Trading account
  • Visit https://invest.upstox.com/ipo
  • Log in using your UCC Id and PAN Number
  • Enter the birth year to verify your account 
  • Click on the ‘Details’ button below the widget of the IPO you are choosing to apply for
  • Use the details page to go through all the company-related details 
  • Click on the ‘Place Bid’ button at the bottom
  • Enter your UPI ID and click on ‘Continue’
  • Enter the lot size and your bid amount and click ‘Continue’
  • Confirm the order

You will then see an order confirmation screen telling you whether or not your application was successful.

What is Stovekraft Ltd IPO?

Stovekraft Ltd IPO is a # of the face value of 10 aggregating up to ₹412.63 Crores. The issue is priced at ₹384 to ₹385  per equity share. The minimum order quantity is 38 Shares.
The IPO Jan 25, 2021, and closes Jan 28, 2021.
The shares are proposed to be listed on BSE, NSE.

When Stovekraft Ltd IPO will open?

The Stovekraft Ltd IPO opens on Jan 25, 2021, and closes on Jan 28, 2021.

What is the lot size of Stovekraft Ltd IPO?

Antony Waste IPO lot size is 38 Shares and the minimum order quantity is 38 Shares.

How to apply for Stovekraft Ltd IPO?

You can apply in Stovekraft Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.

When Stovekraft Ltd IPO allotment?

The finalization of the Basis of Allotment for Stovekraft IPO will be done on 2 Feb 2021, and the allotted shares will be credited to your Demat account by Feb 4, 2021.

When is Stovekraft Ltd IPO listing date?

The Antony Waste IPO listing date is not yet announced. The tentative date of Stovekraft IPO listing is Feb 5, 2021.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top