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Kalyan Jewellers IPO subscribed 1.41 times, QIB portion booked 65% on final day

Sumary of Kalyan Jewellers IPO subscribed 1.41 times, QIB portion booked 65% on final day:

  • The company is planning to raise Rs 800 crore via fresh issue and Rs 375 crore through offer for sale route The Rs 1,175-crore initial public offering of Kalyan Jewellers has witnessed a 1.41 times subscription so far on the final day of bidding, March 18…
  • The public offer has received bids for 13.45 crore equity shares against the IPO size of 9.57 crore equity shares, the subscription data available on exchanges showed…
  • The IPO size was reduced after the company raised Rs 351.89 crore from anchor investors at the higher end of the price band of Rs 86-87 per share on March 15, a day before the issue opening….

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