Dr Agarwal’s Healthcare IPO: Rs 875.5 crore raised from anchor buyers, Points will open from January 29 – INA NEWS

Dr Agarwal’s Healthcare IPO: Dr. Agrawal’s Healthcare, which supplies iCare providers, has raised Rs 875.5 crore on 28 January immediately. The corporate has raised this quantity from anchor buyers a day earlier than the IPO opens. This would be the final IPO of the mainboard phase within the present month. In its submitting given to the exchanges, the listed entity Dr. Agarwal’s dad or mum firm stated, “The corporate has allotted 2.17 crore fairness shares to anchor buyers at a value of Rs 402 per share.”

Main names investing within the firm by way of anchor guide, Goldman Sachs, Morgan Stanley, Toku Europe, Singapore Authorities, Financial Authority of Singapore, Authorities Pension Fund World, Constancy, Nomura, Polar Capital Funds, The Prudential Insurance coverage Firm and HSBC World Are included.

Invasco, Motilal Oswal Mutual Fund, Canara Robco Mutual Fund, Edelvis Tretchship, Axis Max Life Insurance coverage, 360 One LIC Mutual Fund, Aditya Birla Solar Life Insurance coverage, Tata India Pharma and Healthcare Fund and Edelvis Insurance coverage Invested in eye care providers chains.

The corporate stated, “Out of the whole allocation of two.17 crore fairness shares to anchor buyers, 52.61 lakh shares had been allotted to six home mutual funds, which have utilized by way of their whole 11 schemes.”

Cash will be invested within the public concern of Dr. Agrawal’s Healthcare, which supplies iCare providers, from January 29. The IPO will probably be closed on 31 January. The itemizing of shares will be on BSE, NSE on 5 February. The value band for bidding in IPO has been mounted at Rs 382-402 per share. The lot dimension is 35 shares. The corporate needs to boost about Rs 3,027.26 crore from the IPO. Dr. Agrawal’s Healthcare has additionally invested cash from TPG and Temacek Holdings. Dr. Agrawals Healthcare, Listed Firm Dr Agarwals is the dad or mum firm of Eye Hospital. It has a 71.90 % stake in Dr. Agrawals Eye Hospital.

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