Cello world raises ₹567 crore from anchor investors

Mumbai: Cello World has raised ₹567 crore from anchor investors ahead of its initial public offering that opens for public subscription on October 30. The company on Friday informed the bourses that it allocated 8.75 million shares at ₹648 per share to anchor investors.

Foreign and domestic Institutions who participated included ICICI Prudential, Motilal Oswal, Goldman Sachs, Nomura, SBI Life Insurance, HDFC life Insurance, BNP Paribas, All Spring Global, Morgan Stanley, TATA India Consumer Fund, Quant, CLSA Global, Aditya Birla Sun Life, Edelweiss, Reliance General Insurance, Invesco, Kotak Optimus, Bajaj Alliance and others.