Krishna Institute IPO to open on June 16; price band fixed at Rs 815-825 apiece
June 11th, 2021 14:27
The offer comprises a fresh issue of Rs 200 crore and offer for sale (OFS) of up to 23,56,0358 crore shares (Rs 1,944 crore at the upper price band). The proceeds from fresh sales will be used for the repayment of the debt of the company. The IPO includes a reservation of up to Rs 20 crore worth of shares for employees.