Mumbai: The ₹1,025-crore initial public offering of Delhi-NCR-based SBFC Finance was subscribed 70.16 times on the final day of bidding on Monday. The issue received bids for 936.67 crore shares against the 13.35 crore shares on offer. The qualified institutional buyer portion was subscribed 193 times, while the non-institutional investor‘s portion was subscribed 49.09 times. … Read more
New Delhi: Financial services platform KFin Technologies has raised Rs 675 crore from anchor investors days before its initial share-sale. The company has decided to allocate over 1.84 crore equity shares to 44 funds at Rs 366 apiece, aggregating the transaction size to Rs 675 crore, according to a circular uploaded on BSE website on … Read more
MUMBAI: Hyderabad based precision engineering solutions company MTAR Technologies has raised Rs. 180 crores from 15 anchor investors ahead of its initial public offer (OFS) which will open for subscription on Wednesday. The company has allocated 31.11 lakh shares at Rs. 575 per share on March 2, to the anchor investors. The anchor book, according … Read more
MUMBAI: Indian Railway Finance Corporation (IRFC) has raised Rs 1,390 crore from 31 anchor investors ahead of its proposed initial public offer (IPO). About 53.46 crore equity shares were allotted to anchor investors on Friday at an upper price band of Rs 26 per share. For the first time, the state owned company has made … Read more
Mumbai: Angel Broking said on Monday it has raised a total of Rs 180 crore from 12 anchor investors ahead of its initial public offering (IPO) on Tuesday. The retail-focused stock broking company raised funds at Rs 306 per share by allotting 58,82,352 shares to investors, with domestic mutual funds grabbing a majority of shares … Read more
Mumbai: Chemcon Speciality Chemicals has raised Rs 95.4 crore through allotment of 28.06 lakh shares to anchor investors at Rs 340 per share, according to an exchange notification. IDFC Emerging Business Fund, IDFC Dynamic Equity Fund, ICICI Prudential Child Care Plan Gift Plan, IIFL Special Opportunities Fund Series 7, HSBC Global Investment Funds, Mirae Asset … Read more
Mumbai: Ashok Soota-promoted Happiest Minds Technologies raised a total of Rs 315.91 crore from 25 anchor investors, ahead of the launch of its Rs 702-crore initial public offer (IPO) on Monday. The investors include Government of Singapore, Pacific Horizon Trust, Kuwait Investment Auth Fund, and nine mutual funds among many others. Here are the full … Read more