Notes from StoveKraft IPO filing: Heard about "Pigeon" brand?
A 20 year old player in the highly competitive kitchen appliances market taking steps towards premiumization.

Note at : https://compoundingwisdom.substack.com/p/ipo-notes-stove-kraft

Hope you get a good weekend read!

@dmuthuk @ipo_mantra @AnyBodyCanFly
1/n
Company has grown from a single brand small LPG stove manufacturing company to become one of India’s leading manufacturers of kitchen appliances
2/n
Manufactures and retail of a wide and diverse suite of kitchen solutions under Pigeon and Gilma brands, and proposes to commence manufacturing of premium kitchen solutions under the BLACK +DECKER brand.
3/n
Objective of the IPO is to raise fresh capital and also provide partial exit to existing shareholders and promoters.
Did you know SEQUIOA is an investor in Stovekraft since 2010?
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