Krishna Institute of Medical Sciences initial public offer (IPO) received bids for 80.52 lakh shares as against 1.44 crore shares on offer, according to the stock exchange data on Thursday.
The issue was subscribed 0.56 times on day 2. The price band for the IPO is set at Rs815-825 per share. An investor can bid for a minimum of 18 equity shares and in multiples thereof.
The issue opened for bidding on Wednesday, 16 June 2021, and it will close today.
The IPO comprises a fresh issue of shares aggregating up to Rs200cr and an offer for sale of up to 2,35,60,538 equity shares from promoters and existing shareholders.
The Equity Shares offered in this Offer are proposed to be listed on both BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE) post the listing.
Kotak Mahindra Capital Company Limited, Axis Capital Limited, Credit Suisse Securities (India) Private Limited and IIFL Securities Limited are the Book Running Lead Managers to the Offer.
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