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Anand Rathi Wealth Ltd, part of Mumbai-based financial services group Anand Rathi, on Wednesday said it has raised Rs 194 crore from anchor investors, ahead of its initial share-sale on Thursday.
The company has decided to allocate 35.25 lakh equity shares to 12 anchor investors at Rs 550 apiece, valuing the transaction size at Rs 194 crore, according to a BSE circular.
SBI Mutual Fund (MF), ICICI Prudential MF, Franklin Templeton MF, DSP MF, Kotak MF, Invesco MF, Canara Robeco MF, Nippon India MF, Abakkus, Quant MF, MK Cohesion, Rajasthan Global are among the investors that participated in the anchor book.
Out of
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