Khadim India Limited is Kolkata based
largest footwear company in India. It has a strong presence in eastern India
and has placed itself as an affordable brand. The company has 853 branded
exclusive retail units in 23 states and one Union territory.
Khadim’s Initial Public Offering
(IPO) has been subscribed 7% on the first day of share sale on Thursday. The Offer
will close on Nov 6.
After lunch hours of trading time, the
IPO received bids for 3,42,780 shares against the total issue size of 50,73,006
shares, as per NSE data. With a price band of Rs. 745 to 750 per share, Khadim
India is aiming to garner Rs. 543 crore through the share sale.
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