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
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
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.
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?
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?