Stove Kraft Ltd - Prospectus Synopsis

Stove Kraft Ltd pdf Icon RHP

Registered Office : 81/1 Medamarana Halli Village , Harohalli Hobli KanakapurTaluk , Bangalore Rural - 562112 , Karnataka , India.

Phone : 91-80-28016222  Fax : 91-80-28016209

Email    Website :

Initial public offer of 10,717,532* equity shares of face value of Rs.10 each (equity shares) of Stove Kraft Limited (company or issuer) for Cash at a price of Rs. 385 per equity share (including a share premium of Rs. 375 per equity share) aggregating up to Rs. 412.63 Crores (offer) Comprising of a fresh issue of 2,467,532 equity shares aggregating up to Rs.95 Crores (fresh issue) and an offer for sale of 8,250,000 equity Shares comprising of 690,700 equity shares by the promoter, Rajendra Gandhi, 59,300 equity shares by the promoter, Sunita Rajendra Gandhi (promoter selling shareholders), 1,492,080 equity shares by Sequoia Capital India Growth Investment Holdings I (sci-gih) and 6,007,920 equity shares by SCI Growth Investments II (sci, together with sci-gih, investor selling shareholders) (the Investor selling shareholders together with the promoter selling shareholders, the selling shareholders), and such offered shares, The offered shares) aggregating up to Rs. 317.63 Crores (offer for sale). The offer will constitute 32.93%, of the post issue paid-up equity share Capital of the company. The Offer price Rs.385 per equity shares of Rs.10 each. The Offer price is 38.5 times of the face value.

IssueMoney Payable On
Opens OnCloses OnApplicationAllotment
1/25/2021 12:00:00 AM 1/28/2021 12:00:00 AM Rs 385 - 0Rs 0 - 0
Minimum Application for shares in Nos : 38 Further Multiples of : 38
 Rs CrLead Managers to the Issue
Project Cost 89.58 Edelweiss Financial Services Ltd
Project Financed through Current Offer 412.63  
Post Issue Equity Share Capital 89.58  
Issue PriceRs. 385 
Repayment/Pre-payment in full or part of certain borrowings availed by the company
Promoted ByListing AtRegistrar to the Issue
Rajendra Gandhi
Sunita Rajendra Gandhi
- KFin Techologies Ltd