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Cox and Kings sets IPO price at Rs330 per share

Reuters
Saturday, November 28, 2009 13:01 IST
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Mumbai: Travel operator Cox and Kings (India) Ltd has fixed a price of Rs330 ($7.07) a share for its initial public offering, a company statement said on Saturday.

The IPO, that closed on November 20, was subscribed 6.31 times, according to data on the National Stock Exchange.

It included a fresh offer for 15.45 million shares and an offer for sale of 3.04 million shares.

The statement did not say when the company would list and start public trading.

Cox and Kings India is the parent of UK-based unlisted Cox and Kings, and accounts for nearly 66% of the group's global revenues.

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