Bharti Hexacom Ltd. has raised Rs 1,923.75 crore from anchor buyers, forward of its preliminary public providing.
The corporate allotted 3.37 crore shares at Rs 570 apiece to 97 anchor buyers.
HDFC Life Insurance coverage Co., Korean funding agency Mirae Asset and the Boston, U.S.-based Wellington Administration Co. secured 2.84% every.
Nippon Life India AML, BNP Paribas, and BlackRock are among the many different marquee buyers within the pre-IPO spherical fundraising.
Twenty-two home mutual funds have utilized by way of a complete of 55 schemes. They’ve collectively netted 41.12% of the anchor portion of Rs 791 crore.
SBI Mutual Fund, HDFC Mutual Fund, Aditya Birla Solar Life MF, ICICI Prudential, Tata Mutual Fund, Kotak Mutual Fund, Edelweiss Mutual Fund, and HSBC Mutual Fund are among the many key buyers on this class.
The main e-book managers for the anchor spherical had been ICICI Securities Ltd., SBI Capital Markets Ltd., Axis Capital Ltd., BOB Capital Markets Ltd. and IIFL Securities Ltd.
