India, Aug. 10 -- Point-of-care diagnostics company Molbio Diagnostics has raised Rs 281.5 crore from anchor investors ahead of its initial public offering (IPO).

The company, backed by Temasek and Motilal Oswal Private Equity, has allotted 34.87 lakh equity shares to 33 anchor investors at Rs 807 per equity share, the upper end of the price band, according to a circular uploaded on the BSE Website.

Out of the total allocation of 34.87 Lakh Equity Shares to the Anchor Investors, 23.54 Lakh Equity Shares (i.e. 67.51% of the total allocation to Anchor Investors) were allocated to 9 domestic Mutual Funds applying through 19 schemes, while 2.65 Lakh Equity Shares (i.e. 7.62% of the total allocation to Anchor Investors) were allocated to 10 ...