Khadim India makes muted debut

Khadim India makes muted debut

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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.