Kiri Dyes and Chem IPO subscribed 1.43 times, Fixes Issue Price at Rs 150
Retail investors have given strong support to the issue, reserved portion subscribed 2.38 times followed by qualified and non institutional buyers’ portion subscribed by 0.79 times and 1.36 times, respectively.
Here is the breakup:
Qualified institutional buyers: 0.79
Non institutional investors: 1.36
Retail individual investors: 2.38
Total: 1.43
Kiri Dyes fixes issue price at Rs 150/sh
Kiri Dyes has fixed the issue price at Rs 150 per equity share for its IPO of 37,50,000 equity shares of Rs 10 for cash at a price determined through 100% book building process.
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