The company said in a regulatory filing that more than 1.71 crore shares have been allotted to these nine anchor investors for Rs 414 per equity share, the company said in the regulatory filing.
Singapore Sovereign Fund GIC and Ben Capital have subscribed most of the anchor investors. Among other anchor investors, Taurus Mutual Fund and Private Investment Company Ayushmat Ltd.
Total Rs. A public issue of raising Rs 1,590 crore will open on Tuesday and close on Thursday. IPO Price Band Rs. 387 to 414 Rs. 414 at 10 Rs. OK on a share value of the face of 10. The promoters have recently introduced Rs 1,440 crore to the company for Rs 517.25 per share.
It is proposed to use net income from the issue towards payment/pre -payment, in full or part of some borrowings taken by the company and subsidiaries; And general corporate purposes.
Living events
Rs. A significant part of 1,192.5 crore is kept for debt payment, which is expected to strengthen the balance sheet and support future growth.
ICICI Securities, JM Financial and Nomura Financial Advisory and Securities (India) are lead managers on this issue.
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