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Company has priced its IPO in the range between Rs 173 and Rs 180 per share

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	Mumbai-based fragrance manufacturer SH Kelkar&rsquo;s Initial Public Offering (IPO) was subscribed 42 per cent on day one, on Wednesday. The 20.2-million share offering has so far received 8.4 million bids. SH Kelhar is looking to raise a little over&nbsp; Rs 500 crore from its IPO, to close on Friday. The company has priced its IPO in the range of Rs 173 to Rs 180 per share.<br />
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	JM Financial, Kotak Mahindra Capital, and Keynote Capital are handling the IPO.</p>
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Day 1: Kelkar IPO subscribed 42%

Company has priced its IPO in the range between Rs 173 and Rs 180 per share

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