Kalyan Jewelers’ IPO subscribed 2.61 times

Kalyan Jewelers’ IPO subscribed 2.61 times

According to data from the stock exchanges, Kalyan Jewelers’ initial public offering (IPO) was subscribed 2.61 times on the last day of subscription.

It includes 351 crore anchor bids from investors such as Singapore GIC, Sundaram Mutual Fund and HDFC Life.

The portion reserved for qualified institutional buyers (QIBs) was subscribed 2.76 times.

The share reserved for the retail sector received a membership of 2.8 times.

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