PKH Ventures IPO subscribed 21% so far on Day 2. Check GMP & other details

The initial public offering (IPO) of PKH Ventures has received a moderate response, with the issue being subscribed 21% so far. The retail category garnered 21% subscription, while the non-institutional portion received 30%. However, the part reserved for qualified institutional buyers (QIB) was subscribed just 11%. Market analysts have mixed views on the IPO, citing high valuations as a concern. The IPO comprises a fresh equity issue of up to 1.82 crore shares and an offer for sale (OFS) of up to 73.7 lakh equity shares. The company is offering its shares in the price range of Rs 140-148.