Logistics services provider Shadowfax on Monday said it has collected Rs 856 crore from anchor investors, a day before the opening of its initial share sale for public subscription.
The anchor book attracted participation from a wide range of domestic and global investors, including mutual funds, insurance companies, pension funds and foreign institutions.
The top investors in the anchor round include Nippon India Mutual Fund (MF), ICICI Prudential MF, JM Financial MF, Motilal Oswal MF, Government Pension Fund Global, ICICI Prudential Life Insurance Company, Societe Generale, HSBC Global Investment Funds, Eastspring Investments and Jupiter India Fund, according to a circular uploaded on BSE’s website.
The company allocated 6.90 crore equity shares to anchor investors at a price of Rs 124 per share, which is also the upper end of the IPO price band. This takes the total fundraising to Rs 856 crore, the circular noted.
Of the total shares allotted to anchor investors, around 3.68 croLogistics services provider Shadowfax on Monday said it has collected Rs 856 crore from anchor investors, a day before the opening of its initial share sale for public subscription.
The anchor book attracted participation from a wide range of domestic and global investors, including mutual funds, insurance companies, pension funds and foreign institutions.
The top investors in the anchor round include Nippon India Mutual Fund (MF), ICICI Prudential MF, JM Financial MF, Motilal Oswal MF, Government Pension Fund Global, ICICI Prudential Life Insurance Company, Societe Generale, HSBC Global Investment Funds, Eastspring Investments and Jupiter India Fund, according to a circular uploaded on BSE’s website.
The company allocated 6.90 crore equity shares to anchor investors at a price of Rs 124 per share, which is also the upper end of the IPO price band. This takes the total fundraising to Rs 856 crore, the circular noted.
Of the total shares allotted to anchor investors, around 3.68 cro Latest News [ SOBAN NEWS: International and National ]
