PKH Ventures has launched its initial public offering (IPO) with 1.82 crore shares of fresh equity and 73.7 lakh shares for sale by existing shareholders. The price range for the shares is set at Rs 140-148. The IPO is primarily aimed at attracting QIB investors, with 50% of the net offer reserved for them. The company, which operates in construction, development, and hospitality, plans to use the proceeds for investment in its subsidiaries and inorganic growth. Analysts have mixed views, citing the company’s high valuations.