Khadim India makes muted debut

 

Khadim India saw a muted debut today, as the scrip got listed at Rs 727 as against its issue price of Rs. 750.

The initial public offer (IPO), was subscribed last 1.90 times.

The company had fixed the price band at Rs. 745-750 a share.The IPO opened from November 2 to November 6.

Axis Capital and IDFC Bank were the book running lead managers to the issue.

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Yash Ved
Yash Ved is a Senior Correspondent at NewsBarons and comes with a decade of experience across leading online and offline publications. A keen observer of the stock index movement, Yash also likes covering Real Estate and the BFSI sector. A financial management and Journalism student, Yash believes learning as a continuous journey and enjoys following the IT and the Pharmaceutical industry and has penned many articles on the subjects.
yash@newsbarons.com