ACME Solar rises after raising Rs 2,800 crore through QIP
Mumbai, June 5 -- This marked its first equity fund raise since its stock market debut in 2024.
The renewable energy company said the issue attracted strong participation from a diversified group of domestic and global institutional investors. The investor roster included SBI Mutual Fund, Nippon India Mutual Fund, HDFC Mutual Fund, ICICI Prudential Mutual Fund, Kotak Mutual Fund, SBI Life Insurance, ICICI Prudential Life Insurance, BlackRock, Amundi, Goldman Sachs, Abu Dhabi Investment Authority and Pictet, among others.
Nippon India and HDFC group funds emerged as the largest allottees, each accounting for 20.54% of the issue size. SBI-managed schemes and insurance entities were allotted 18.39% of the issue, while ICICI Prudential fund...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.