Mutual funds deployed over Rs 9,700 crore across 11 IPOs in July. Check key details
By Surbhi Khanna, ET Online |
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MF Investment in IPOs
Mutual funds have invested nearly Rs 9,789 crore in 11 IPOs in July. Here is a detailed breakup, according to the monthly data released by Prime Database.
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INDO-MIM
Mutual funds invested Rs 3,622 crore in the INDO-MIM IPO in July and had 4.66 crore shares in their portfolios.
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SBI Funds Management
Mutual funds invested Rs 2,344 crore in the SBI Funds Management IPO in July and had 3.97 crore shares in their portfolios.
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Manipal Health Enterprises
Mutual funds invested Rs 1,652 crore in Manipal Health Enterprises IPO in July and had 2.80 lakh shares in their portfolios.
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Lohia Corporation
Mutual funds invested Rs 723 crore in Lohia Corporation IPO in July and had 1.35 crore shares in their portfolios.
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Kusumgar and Laser Power & Infra
Mutual funds had 82.50 lakh shares of Kusumgar and 1.33 crore shares of Laser Power & Infra in their portfolios.
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Juniper Green Energy
Mutual funds invested Rs 393 crore in Juniper Green Energy IPO in July and had 1.74 crore shares in their portfolios.
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Knack Packaging and MV Electrosystems
Mutual funds had 47.46 lakh shares of Knack Packaging and 12.35 lakh shares of MV Electrosystems in their portfolios.
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Caliber Mining & Logistics
Mutual funds invested Rs 25 crore in Caliber Mining & Logistics IPO in July and had 4.49 lakh shares in their portfolios.
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Xtranet Technologies
Mutual funds invested Rs 4.98 crore in Xtranet Technologies IPO in July and had 3.93 lakh shares in their portfolios.