Khadim India IPO is scheduled for Nov 2, 2017 with a price band of Rs. 745-750. The lot size for applying the IPO is for 20 shares. The issue mandates all investors to apply through ASBA i.e. Application supported by Blocked amount only. The maximum application amount for retail investor stood at Rs. 2 lacs. It plans to raise Rs. 543 crore through its IPO. Khadim India IPO allotment status would be available soon after the IPO closure date.
The company was incorporated on December 3, 1981 West Bengal at Kolkatta, India. It deals in the business of footwear as a retailer and distributer. It is the second largest footwear retailer in India. It runs 853 and 829 network under ‘Khadim’s brand’ for its retail business. The retails business of the firm targets middle and upper middle income clients in metros and Tier I- Tier III cities via its specific retail stores. While, the distribution business of the firm deals through a wide network of distributors catering to lower and middle income consumers in metros and Tier I – Tier III cities. Institutional sales and export of footwear is also the important segments of the company.
Summary Of Issue:
|Issue Open:-||Nov 02, 2017 – Nov 06, 2017|
|Issue Type||100% Book Built Issue IPO|
|Issue Size (Shares)||Fresh Issue of [*] Equity Shares of Rs 10 aggregating up to Rs 50.00 Cr
Offer for Sale of 6,574,093 Equity Shares of Rs 10 aggregating up to Rs [*] Cr
|Issue Size in (Value)||Rs. 543 Crore|
|Face Value||Rs. 10 Per Equity Share|
|Issue Price||Rs. [745-750] Per Equity Share|
|Market lots||20 Shares|
|Minimum Order Quantity||20 Shares|
|Listing At||BSE, NSE|
(* indicates to be updated)
Important dates for Khadim India IPO Allotment Status
Usually the allotment comes within a week from the closing date which in this IPO yet to be announced.
- The Allotment date for Khadim India Limited IPO issue is expected to be on November 9, 2017.
- The amount will get unblocked on November 10, 2017.
- The Shares are expected to credited in DP accounts on November 10, 2017.
- The Shares of Mahindra Logistics is likely to be listed on November 13, 2017 on both BSE and NSE.
How to check Khadim India IPO Allotment Status
One can check the allotment on the given below link with PAN number or Application number or DP Client Id. All you need to do is to follow these steps:-
- Click on the given link See Allotment Status here
- Go to Application Status
- Select IPO as Khadim India IPO
- Enter your PAN Number or Application Id or DP Client Id.
It takes little time to fetch information so you need to be little patient.
To Download Application Form click here