Kalyan Jewellers IPO opens for subscription today: Should you subscribe?

Kerala-based jewellery company Kalyan Jewellers India opens its maiden public offer for bidding on March 16, with a price band of Rs 86-87 per share. The Rs 1,175-crore initial public offering (IPO) of Kalyan Jewellers India (KJIL) comprises of issuance of fresh equity up to Rs 800 crore and an offer for sale (OFS) worth Rs 375 crore. …

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