Stove Kraft debuts on exchanges tomorrow, check grey market premium
The initial public offer (IPO), comprised of a fresh issue of up to Rs 95 crore and an offer for sale of up to 82.50 lakh equity shares.
BusinessToday.In | February 4, 2021 | Updated 21:45 IST
The price band for the IPO was fixed at Rs 384-385 per share, while lot size was 38 shares.
The shares of kitchen appliance maker Stove Kraft will make their debut on the stock exchanges, NSE and BSE, on Friday.
The company's Rs 412.62 crore initial public offer (IPO), which was open for subscription from January 25-28, was subscribed 18 times. The qualified institutional buyers (QIBs) category was subscribed 8 times, while that for non-institutional investors was subscribed 32.72 times. Retail individual investors category was subscribed 26 times.