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People broke up over Kahan Packaging’s IPO. The company’s IPO has been subscribed a total of 730.45 times. Kahan Packaging’s IPO opened for subscription on September 6 and closed on September 8. People have bet heavily on the company’s IPO. Kahn Packaging’s IPO has also caught fire in the gray market. The company’s shares are trading at a premium of 90 percent in the gray market.
A share of Rs 80 can be listed above Rs 150
The issue price of Kahn Packaging’s IPO is Rs. is 80. At the same time, the company’s shares are trading at a premium of Rs 72 in the gray market. Accordingly, shares of Kahan Packaging may be listed at Rs.152. That is, a company’s shares can be listed at a premium of 90%. The money invested in an IPO can almost double on the first day itself. Retail investors can bid for 1 lot in the Kahn Packaging IPO. 1 lot of IPO has 1600 shares.
The retail quota of the IPO has been subscribed 1042 times
The retail quota of Kahan Packaging IPO has been subscribed 1042.37 times. At the same time, the second series received 405.59 times the subscription. The company’s IPO has been subscribed a total of 730.45 times. Allotment of shares in the IPO may be finalized on September 13. Meanwhile, shares of Kahn Packaging can be listed on Monday, September 18. Company shares BSE The SME will be listed in the exchange.
Also Read – This IPO Gets Full On First Day, Rs 90 Profit From Now, Priced At Rs 102
Disclaimer: Information about stock performance is provided here only, not investment advice. Investing in the stock market is subject to risk and you should consult your advisor before investing.