Anchor Algocon Participation Participation from Global Funds Like Goldman Sachs, Nomura Trust and Banking Co., Indian Equity Fund Sicav I – Tucu Equity Fatel Ourchold Sundiv I – Tucu Equity Fate Ofunde III SA RL Fund.
In addition to the general allocation to anchor investors, over 1.58 parts of equity equity representing 29.56% of the quota allocated in 6 plans.
The three designs of HDFC Mutual Fund have invested in issue while 7 plots of Motalal Oswal in MF also and allocated parts of the company. The Bandhan MF and ITI MF investors also on the issue.
The company has already announced the price band for the issue of Rs 223- RS 235 both part includes the Rs 225 part of the amount of Rs 10 per share.
IPO structure
The IPO contains a comprision of a recent issue of 11.91 parts of the crore, compiling up to Rs 2,800 crore. No offer of offer of offer.
Minimum investment and size
Investors in the wait can apply for a minimum of a lot, which includes 63 parts. At the above price price, it translates an investment at Rs 14,805. For small HNIs, the minimum application is 14 more or Rs 2.07 lakh.
Using funds
The revenues will be used to pay or prepare some lenders, fund the acquisition of a Cryogogic LPG terminal in Mangalore, and for the general corporation’s purpose.
Deals Finance
At FY24, the company posted a revenue of Rs 570.12 crore and a net profit at Rs 86.54 crore. Within nine months December 2024 ended, Pat stood at Rs 85.89 crore.
Book running lead managers
Icici Securities, BNP Paribas,, Iifl securitiesJefferies India, and HDFC Bank The management of the issue, while the intime link is the registry.
Read again: Leeela Hotels IPO: The strong supported Brookfield Rs 1,575 crore from Goldman Sachs, loyalty, 45 more countryside investors
(Matan -re: Recommendations, suggestions, views and opinions given to experts themselves. This does not represent views of economic times)
