JSW Cement raises Rs 1,080 crore from anchors
JSW Cement garnered ₹1,080 crore from 52 anchor investors, including SBI Multicap Fund and Blackrock Emerging Frontiers Master Fund, prior to its IPO. The company offered 73,400,000 shares at ₹147 each.
By ET Bureau |
ETMarkets.com
The price band for the IPO is between ₹139 and ₹147.
Mumbai: JSW Cement raised ₹1,080 crore from 52 anchor investors, ahead of its IPO. The company sold 73,400,000 shares at ₹147 apiece.
SBI Multicap Fund, Blackrock Emerging Frontiers Master Fund, Government Pension Fund Global, Motilal Oswal Large Cap Fund, Morgan Stanley Investment Fund, Societe Generale-Odi and Bandhan Small Cap Fund were among some of the anchor investors.
The IPO comprises a fresh issue of ₹1,600 crore and an offer for sale of ₹2,000 crore by AP Asia Opportunistic Holdings, Synergy Metals Investments, and State Bank of India. The price band for the IPO is between ₹139 and ₹147.
SBI Multicap Fund, Blackrock Emerging Frontiers Master Fund, Government Pension Fund Global, Motilal Oswal Large Cap Fund, Morgan Stanley Investment Fund, Societe Generale-Odi and Bandhan Small Cap Fund were among some of the anchor investors.
The IPO comprises a fresh issue of ₹1,600 crore and an offer for sale of ₹2,000 crore by AP Asia Opportunistic Holdings, Synergy Metals Investments, and State Bank of India. The price band for the IPO is between ₹139 and ₹147.
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