Dodla Dairy, KIMS IPO Subscription Updates: Day 3

Retail and institutional investors lapped up shares of Dodla Dairy Ltd. and Krishna Institute of Medical Sciences Ltd. on the final day of subscription of their initial public offerings.

Both issues, closing on June 18, have oversubscribed. Dodla Dairy IPO saw a surge in demand from non-institutional investors as well. The IPOs are among the four this week, the other two being Sona Comstar Ltd. and Shyam Metalics Ltd.

Krishna Institute of Medical Sciences IPO: Day 3

The maiden offer by the General Atlantic-backed hospital chain subscribed 1.15 times as of 1:40 p.m. on June 18.

KIMS is selling shares at Rs 815-825 apiece. The company plans to raise up to Rs 2,144 crore through the IPO.

Subscription Details

• Institutional subscription: 1.16 times.

• Non-institutional investor subscription: 0.27 times.

• Retail subscription: 2.46 times.

• Employees: 0.87 times.

Research Reports On KIMS IPO

Dodla Dairy IPO: Day 3

The issue was subscribed 16.35 times as of 1:40 p.m. on June 18. Dodla Dairy is selling shares at Rs 421-428 in its Rs 520-crore IPO.

Subscription Details:

• Institutional subscription: 10.14 times.

• Non-institutional investor subscription: 42.17 times.

• Retail subscription: 8.83 times.

• Employees: 0.00 times.

Research Reports On Dodla Dairy IPO