Khadim India IPO
Khadim India Limited (KHADIM) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 14 November 2017.
Listed 14 Nov
Subscribed 1.90x
Listing gain -2.7%
Issue details
Price band
₹745–750
Issue price
₹750
Lot size
20 shares
Min. retail bid
₹15,000
Max. retail bid
13 lots (₹1,95,000)
Issue size
₹544 Cr
Face value
₹10
Bidding
02 Nov – 06 Nov 2017
Listing
14 Nov 2017
Retail quota
35%
Registrar
Link Intime India Private Limited
Listing day
Listed at
₹730
-2.7% vs issue price ₹750
Day's high
₹740
-1.4% · low ₹680 (-9.3%)
Day's close
₹689
-8.2% · traded ₹207 Cr
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 14,50,389 | 35,45,640 | 2.44x | |
| NII (HNI) total | 10,86,785 | 1,93,520 | 0.18x | |
| Retail | 25,35,832 | 59,19,840 | 2.33x | |
| Total | 50,73,006 | 96,59,000 | 1.90x |
Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 53% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Khadim India's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Tejas NetworksJun 2017 | 2.16x | 0.48x | 3.10x | 1.88x | ₹803 Cr | 0.0% | +5.6% |
| Precision CamshaftsJan 2016 | 2.62x | 0.73x | 2.01x | 1.91x | ₹424 Cr | -11.3% | -0.5% |
| CL EducateMar 2017 | 3.65x | 0.21x | 1.63x | 1.90x | ₹239 Cr | -19.9% | -15.9% |
| HealthCare Global EnterprisesMar 2016 | 2.36x | 0.43x | 0.83x | 1.56x | ₹650 Cr | -3.6% | -2.8% |
| Indian Energy ExchangeOct 2017 | 2.56x | 0.85x | 2.61x | 2.28x | ₹1,426 Cr | -9.1% | +0.6% |
| L&T Technology ServicesSep 2016 | 5.01x | 1.03x | 1.75x | 2.53x | ₹894 Cr | +7.0% | +8.3% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Axis Capital | 107 | +20.4% | 73% |
| IDFC Bank | — | — | — |
Offer documents (NSE)
Frequently asked
What is the Khadim India IPO price band and lot size? ₹745–750 per share, with a lot of 20 shares, so the smallest retail bid is ₹15,000.
How many times has it been subscribed? 1.90x overall: QIB 2.44x, NII 0.18x, retail 2.33x.
How did it list? It opened at ₹730, -2.7% against the issue price of ₹750, and closed its first day -8.2%.
Other IPOs of 2017
Astron Paper & Board MillsFuture Supply Chain SolutionsShalbyHDFC Standard Life Insurance CompanyThe New India Assurance CompanyMahindra LogisticsReliance Nippon Life Asset ManagementGeneral Insurance Corporation Of India
All 2017 IPOs →
Important: The AI listing estimates on Flash Finance are statistical estimates drawn from
how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell,
and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any
estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be
revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring
Prospectus and consult a SEBI-registered adviser before you invest.
