KIMS IPO subscription to start from 16 June 2021, Wednesday. The retail portion of this IPO is 10%, QIB is 75% and HNI is 15% quota. The premium is not stable so we might witness low subscription numbers. There are 3 other IPOs hitting with same date range so it might affect the subscription numbers. The KIMS price band is fixed at ₹815 to ₹825 Per Share with face value of ₹10 Per Equity Share. The minimum bid is for 18 Shares (₹14,850) and maximum bid is 234 shares (₹1,93,050). KIMS employees will get ₹40 discount per equity share. KIMS IPO to raise ₹2144 Crores via initial public offer. Please check the KIMS IPO
details over here.