Dodla Dairy, a main dairy organization in southern India, on Tuesday said it has raised a little over Rs 156 crore from anchor financial backers in front of its underlying offer deal, which opens for public membership on Wednesday.
The organization has chosen to allot an aggregate of 36,46,099 value shares at Rs 428 each to secure financial backers for Rs 156.05 crore, a roundabout transferred on BSE site appeared.
Those took an interest in the anchor offering included SBI Mutual Fund (MF), Aditya Birla Sun Life MF, Edelweiss MF, Kuber India Fund, Saint Capital Fund and Integrated Core Strategies Asia Pte Ltd.
They additionally included International Finance Corporation, Ashoka India Opportunities Fund, and IIFL Special Opportunities Fund.
The IPO includes a new issuance of offers worth up to Rs 50 crore, other than a proposal available to be purchased of up to 1,09,85,444 value shares by TPG Dodla Dairy Holdings Pte Ltd, Dodla Sunil Reddy, Dodla Deepa Reddy and Dodla Family Trust
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My name is Mayank Bansal I have a keen interest in writing about the latest happenings in business and market. I am a news writer at review minute.
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