Stove Kraft Ltd - Prospectus Synopsis
Stove Kraft Ltd 
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 :cs@stovekraft.com Website : www.stovekraft.com
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.
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 1/25/2021 12:00:00 AM | 1/28/2021 12:00:00 AM | Rs 385 - 0 | Rs 0 - 0 |
| Minimum Application for shares in Nos : 38 Further Multiples of : 38 | |||
| Rs Cr | Lead 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 Price | Rs. 385 |
| Projects |
|---|
| Repayment/Pre-payment in full or part of certain borrowings availed by the company |
| Promoted By | Listing At | Registrar to the Issue | ||
|---|---|---|---|---|
| - | KFin Techologies Ltd |
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Risk Disclosure on Derivatives
- 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
- On an average, loss makers registered net trading loss close to Rs. 50,000.
- Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
- Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
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2024, IIFL Securities Ltd. All Rights Reserved
Follow us on
ATTENTION INVESTORS
- Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
- KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
- No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Risk Disclosure on Derivatives
- 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
- On an average, loss makers registered net trading loss close to Rs. 50,000.
- Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
- Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
We are ISO 27001:2013 Certified.
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.