financial backers in front of IPO
Chemplast Sanmar, with a value band at Rs 530-541 for each value share, will open its first sale of stock on August 10 and will close on August 12. Claim to fame synthetic compounds producer Chemplast Sanmar on August 9 has gathered Rs 1,732.5 crore from anchor financial backers in front of its IPO gmp opening.
The organization in interview with book running lead administrators and selling investors has concluded a portion of 3,20,24,029 value offers to secure financial backers, at Rs 541 for every offer, it said in its BSE recording.
Marquee financial backers which took part in the anchor book were Abu Dhabi Investment Authority, Amundi Funds, Government Pension Fund Global, Best Investment, Corporation, Jupiter India Fund, Neptune Investment, Volrado Venture, Kuber India Fund, CLSA, Public Sector Pension Investment Board, Segantii India Mauritius, Copthall Mauritius, Moon Capital, Goldman Sachs, Tara Emerging Asia, Nomura, and Societe Generale.
Homegrown financial backers including SBI Mutual Fund, Axis Mutual Fund, Mirae Asset, ICICI Prudential, HDFC Life Insurance, HDFC Trustee, Nippon Life, Franklin India, Aditya Birla Sun Life, Sundaram Mutual Fund, IDFC, JM Financial, IIFL Special Opportunities Fund, and Edelweiss additionally put resources into the organization.
Chemplast Sanmar, with a value band at Rs 530-541 for each value share, will open its first sale of stock on August 10 and will close on August 12. The organization intends to raise Rs 3,850 crore through its public offer.
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