Profit

Khadim's Rs 543 Crore IPO Subscribed 1.9 Times

After Khadim's IPO, companies in India have so far raised more than $9 billion from IPOs so far in 2017, making it a record year for such sales.

 Share
EMAIL
PRINT
COMMENTS
Khadim's Rs 543 Crore IPO Subscribed 1.9 Times

Khadim's investors bid for about 9.7 million shares


Mumbai: Footwear retailer Khadim India Ltd's initial public offering (IPO) of shares to raise up to Rs 543 crore ($84 million) was subscribed 1.9 times by the last day of the sale on Monday, stock exchange data showed.

Investors bid for about 9.7 million shares, compared with about 5 million shares on offer, according to data as of 7.15 pm.

Companies in India have raised more than $9 billion from IPOs so far in 2017, making it a record year for such sales.

Axis Capital and IDFC Bank were the bookrunners for the Khadim IPO.

© Thomson Reuters 2017


(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)


Follow NDTV for latest election news and live coverage of assembly elections 2019 in Maharashtra and Haryana.
Subscribe to our YouTube channel, like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.

NDTV Beeps - your daily newsletter

................................ Advertisement ................................

................................ Advertisement ................................

................................ Advertisement ................................

Top