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NEW DELHI: After its successful initial public offer (IPO), the Rs 413-crore issue by Stove Kraft looks set to make a market debut on Friday. The IPO, which ran from January 25 to January 28, was subscribed 18 times, with non-institutional investors bidding 32.72 times the allocated quota of shares.
Investors, who had bid for the IPO, can check the subscription status on the online portal of KFintech Private Limited, the registrar to the issue. The registrar is a Sebi-registered entity, qualified to act as such, which electronically processes all applications and carries out the allotment process as per the prospectus.
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