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IPO screener: PKH Ventures withdraws offer - The Hindu BusinessLine

IPO screener: PKH Ventures withdraws offer - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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PKH Ventures withdraws Rs 379 crore IPO amid poor response

The IPO was subscribed 65 per cent, with the portion reserved for qualified institutional buyers getting 11 per cent bids.

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PKH Ventures withdraws Rs 379-crore IPO due to lack of QIB response

For any IPO to sail through, the part of qualified institutional buyers has to get at least 90 percent subscription. The said condition was not fulfilled by PKH Ventures IPO.

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PKH Ventures withdraws IPO amid disappointing participation from investors

PKH Ventures withdraws IPO amid disappointing participation from investors
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PKH Ventures withdraws IPO amid tepid demand

PKH Ventures has withdrawn its initial public offering (IPO) due to a lack of interest from institutional investors. Only 65% of the issue was subscribed on the third day of bidding.

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