Realty firm Arkade Developers Ltd has raised Rs 122.40 crore from anchor investors ahead of its initial public offering. On Tuesday, the company had fixed a price band of Rs 121-128 per share for its Rs 410-crore initial public offering. The initial share sale will open for public subscription on September 16 and conclude on September 19. According to a regulatory filing, the company has issued 95,62,500 shares to anchor investors at Rs 128 per share, aggregating to Rs 122.40 crore. These investors include BNP Paribas Financial Markets -- ODI, Societe Generale-ODI and Saint Capital Fund. The IPO is entirely a fresh issue of equity shares worth Rs 410 crore with no offer-for-sale (OFS) compon
Hence then, the article about arkade developers raises rs 122 cr from anchor investors ahead of ipo was published today ( ) and is available onBusiness Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Arkade Developers raises Rs 122 cr from anchor investors ahead of IPO )