Key Objective
Initial Public offering of 135,057,470 equity shares of face value of Rs. 10 each ("equity shares") of Kalyan Jewellers India Limited ("company" or "issuer") for cash at a Price of Rs. 87* per equity share (including a share premium of Rs. 77 per equity share) ("offer price") aggregating to Rs. 1174.82 Crores, comprising a fresh issue of 91,954,022 equity shares by the company aggregating to Rs. 799.82 Crores ("fresh issue") and an offer for sale of 43,103,448 equity shares ("offered shares") aggregating to Rs. 375 Crores, comprising 14,367,816 equity shares aggregating to Rs. 125 Crores by Mr. T.S. Kalyanaraman ("promoter selling shareholder") and 28,735,632 equity Shares aggregating to Rs. 250 Crores by Highdell Investment Ltd ("investor selling shareholder" and together with the promoter selling shareholder, the "selling shareholders" and such offer, the "offer for sale" and together with the fresh issue, the "offer").
The offer included a reservation of 229,885 equity shares aggregating to Rs. 1.82 Crores, for subscription by eligible employees (as defined hereinafter) (the "employee reservation portion"). The offer less the employee reservation portion is hereinafter referred to as the "net offer". The offer and the net offer constituted 13.11% and 13.09% of the post-offer paid up equity share capital of the company, respectively.
*The company and the selling shareholders, in consultation with the lead managers, have offered discount of Rs. 8 per equity share to eligible employees bidding in the employee reservation portion.
Offer Price : Rs. 87 per Equity Share of face value of Rs. 10 each.
Anchor Investor Offer Price : Rs. 87 per equity share.
The Offer Price is 8.7 times the face value.