While Macquarie Bank has picked up 3.55 million equity shares of the company for Rs 852 million, other stakeholders include Tree Line Asia Master Fund, Singapore, IDFC, Axis bank, Universities super annuation scheme Ltd UK and GE capital Mauritius.
It now proposes to enter the capital markets with a public issue of 5,19,17,000 equity shares of Rs 10 each through 100% book building process. The Book running lead managers for the IPO are Kotak Mahindra Capital Co Ltd, IDFC-SSKI Pvt Ltd, Morgan Stanley India Co Pvt Ltd and Edelweiss Capital Ltd Axis Bank Ltd is the Co-BRLM for the Issue.