Stovekraft IPO Closed

Already have an account? Apply now

25th – 28th Jan 2021
₹384 – ₹385
Lot size 38 — ₹14630

About Stovekraft


The Sequoia-backed Stovekraft is launching its IPO. The public offering comprises a fresh issue worth Rs. 145 crores and an offer for sale of around 71 lakhs shares from the promoters.

What does Stovekraft do?

Stovekraft is an appliance company that manufactures and retails kitchen solutions under the brands Pigeon and Gilma.

How profitable is Stovekraft?

Financial Year Ended Revenue Restated Profit/(Loss) Basic EPS Diluted EPS EBITDA
March 2018 5,289.52 (120.00) (4.95) (4.95) 99.72 
March 2019 6,409.38 7.33 0.27 0.27 298.22 
March 2020 6,698.61 31.6 1.05 1.05 337.92
For six months ended September 30, 2020 (not annualised) 3,288.36 287.73  9.57 9.57 450.63

How do I apply for the Stovekraft IPO?

You can apply for the Stovekraft IPO using any supported UPI app by following two steps:

  • Enter your bid on Console
  • Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.