Monday 13 November 2017

Khadim India Ltd lists on bourses tomorrow


Money Maker Research, Top Advisory, Stock market, IPO, Best trading tips
Footwear retailer Khadim India will list on Exchange on Tuesday, 13 November 2017, following the conclusion of its Rs. 543 cr OPO offer last week.
Khadim India’s IPO was subscribed 1.90 times during 2 Nov to 6th. The price band for the IPO was fixed at Rs. 745-750 per share. The offer comprised fresh issue of equity shares aggregating up to Rs. 50 crore, besides an OFS of up to 65,74,093 shares by existing shareholders.

The net proceeds from the issue are to be used towards payment of loans and general corporate needs. Axis Capital & IDFC Bank were the lead managers to the issue.
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1 comment:

  1. Clara Mellor14 November 2017 at 15:29

    • Prime Minister Theresa May will come under pressure from business leaders on Monday to speed up negotiations with the European Union amid concerns Britain may crash out the world's biggest trading bloc without a deal.
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