Ikio Lighting raises Rs 182 cr from anchors

Mumbai: Ikio Lighting on Monday raised ₹182 crore from 14 anchor investors ahead of its initial public offering, which will open for subscription on Tuesday.

The company informed the bourses that it allocated 63.8 million shares at ₹285 per share on Monday to anchor investors, including HDFC Mutual Fund, ICICI Prudential Mutual Fund, Goldman Sachs AMC, Malabar India Fund, Mirae Asset Global, among others. The company has fixed the price band for the public issue at ₹270 to ₹285 per share.