KIMS Hospitals’ Rs 2,144-crore IPO subscribed 33% on second day of bidding

KIMS Hospitals

The public offer of Krishna Institute of Medical Sciences (KIMS Hospitals) is subscribed 33 percent so far on June 17, the second day of bidding, as the offer received bids for 47.54 lakh equity shares against IPO size of 1.44 crore shares, the subscription data available on exchanges showed.

The portion set aside for qualified institutional buyers has seen a subscription of 14 percent and that of non-institutional investors 3 percent.

Retail investors have put in bids of 1.33 times over its reserved portion and employees’ portion was booked 30 percent.

News Source: Moneycontrol

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