The Rs 1,175 cr IPO of Kalyan Jewellers was subscribed 60% on the first day
The IPO, backed by a leading equity firm Warburg Pincus, was issued on Tuesday
Against the 95.7 million shares on offer, the issue received bids for 57.2 million shares
The retail investors’ portion was subscribed 1.11 times
The non-institutional investors subscribed 20% of the shares
Qualified institutional buyers were yet to place their bids
