Stove Kraft IPO Analysis By ICICI Direct

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ICICI Direct Report

Incorporated in 1999, Stove Kraft was converted to a Public company in 2018. The company is an established player in kitchen solutions segment and an emerging player in home solutions market.

The company provides a diverse suite of kitchen solutions under Pigeon and Gilma brands and has also forayed into LED based lighting products.

The company proposes to commence manufacturing of kitchen solutions under the Black & Decker brand with a range of value, semi-premium and premium kitchen solutions.

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