IPO of Indian kitchen appliances maker Stovekraft subscribed 18 times on final day

IPO of Indian kitchen appliances maker Stovekraft subscribed 18 times on final day

The building of the Bombay Stock Exchange in Mumbai. Credit: Wikimedia Commons

The 413-crore initial public offer of kitchen appliances maker Stove Kraft closed on Thursday with a subscription of 18 times the shares on offer.