Live Markets »IPO»IPO News»IPO News Details
IPO News Details
Back

Khadim IPO garners 14% subscription

BS Reporter / 03 Nov 17 | 12:37 AM

The Rs 540-crore IPO of Khadim garnered 14 per cent subscription the first day. Most of the bids came from retail investors. It had raised Rs 160 crore from anchor investors on Wednesday. The IPO has offer for sale by promoters and private equity players worth Rs 493 crore and fresh fundraising worth Rs 50 crore.            

 Khadim is a footwear brand with a strong presence in eastern part of the country. At the top end of the price band, the IPO is valued at 44 times its 2016-17 earnings.

Widgets Magazine
Widgets Magazine

Sensex

Company Price Gain (%)
M & M864.801.24
TCS3,504.901.07
Yes Bank328.200.92
Infosys1,170.800.85
Reliance Inds.978.100.76
Widgets Magazine

Poll

Currently No Poll Available.

Online Portfolio

You can create Online Portfolio here using the below button.

Widgets Magazine