Pkh Ventures News Today

The qualified institutional buyers portion was undersubscribed at 0.11 times, while the non-institutional investors portion was subscribed at 1.67 times. The retail portion was subscribed 0.99 times. The company had priced its shares at ₹140-148 apiece.

For any IPO to sail through, the part of qualified institutional buyers has to get at least 90 percent subscription. The said condition was not fulfilled by PKH Ventures IPO.

The Rs 379.35 crore-IPO of PKH Ventures kicks off for subscription on Friday as the company looks to sell its shares in the range of Rs 140-148 apiece, with a lot size of 100 equity shares until July 4.

The second half of the year is expected to see a number of companies launching their initial public offerings (IPOs). Senco Gold, PKH Ventures, Global Pet Industries, Tridhya Tech, and Synoptics Technologies have already opened for subscription. Senco Golds IPO will open on July 4, while PKH Ventures IPO began on June 30. In addition, four SMEs will also bring their public issues this week. Alphalogic Industries IPO will open on July 3, and Global Pet Industries, Tridhya Tech, and Synoptics Tech...

Of the three flotations, one is a clear avoid while the other two are worth considering

PKH Ventures, a Mumbai-based company involved in construction, hospitality, and management services, is set to list on the bourses. Long-term investors may benefit from investing in the company if it shows stable and sustained growth. However, investors should consider its limited and chequered operating history, presence in unrelated businesses, and high valuation. The IPO consists of a fresh issue of Rs270 crore and an Offer For Sale of Rs109 crore by the promoters. The company operates in con...

PKH Ventures is eyeing Rs 379.35 crore from its IPO. PKH Ventures intends to sell 2,56,32,000 shares, which includes a fresh issue of up to 1,82,58,400 shares and an offer for sale of 7,373,600 shares.