Mrs Bectors raises Rs 162 crore from anchor investors ahead of IPO

Mrs Bectors raises Rs 162 crore from anchor investors ahead of IPO

Mumbai: Mrs Bectors Food Specialties raised Rs 162 crore from anchor investors on Monday, ahead of the opening of its Rs 541 crore initial opening offer. The buns and biscuit maker allotted a total of 56,25,415 shares at Rs 288 per share to anchor investors including Nomura, Goldman Sachs India, HDFC Life Insurance Co, Sundaram … Read more

Sunil Subramaniam on why Sundaram launched a diversified largecap fund

Sunil Subramaniam on why Sundaram launched a diversified largecap fund

We believe that the largecap space will continue to benefit from FII flows which will be sustained over the next three to five year period, says the MD & CEO, Sundaram Mutual Fund. You have got your new fund offering opening tomorrow. Do you want to run us through that?Yes, as you know Sundaram over … Read more