RK Swamy Raises Rs 187 Crores Through Equity Shares Allocation
RK Swamy raises 187 crores by allocating 65 Lakh equity shares at Rs 288 per equity share.
Out of the total allocation of 65 lakh equity shares to the anchor investors, 28 lakh equity shares (43.82 per cent of the anchor investor portion) were allocated to three mutual funds through a total of 7 schemes.
The marquee investors include Nippon Life India, LIC Mutual Fund, Aditya Birla Sun Life Insurance, PineBridge Global Funds, Bajaj Allianz Life Insurance, JM Financial Mutual Fund, SBI General Life Insurance, GAM Multistock Emerging Markets Equity, Societe Generale, Vikasa India EIF I Fund, Citigroup Global Markets Mauritius - ODI, Copthall Mauritius Investment - ODI, Goldman Sachs Singapore PTE - ODI, BNP Paribas Financial Markets - ODI.
The issue opens on 4 March 2024 and closes on 6 March 2024.
The bankers advising on the issue are SBI Capital Markets, IIFL Securities and Motilal Oswal Investment Advisory.
