India, April 29 -- Ahead of the commencement of the bidding for its public issue on April 30, lending tech startup Kissht's parent OnEMI Technology Solutions has raised Rs.277.8 Cr from anchor investors.
The startup allotted 1.62 Cr equity shares to anchor investors at a price of Rs.171 per share, the upper band of its price spectrum.
Of the total, 92.6 Lakh shares, or 57% of the total anchor round, were picked up by seven domestic mutual funds via a total of 13 schemes. The domestic mutual funds that anchored the round included HDFC Mutual Fund, ICICI Prudential, Whiteoak Capital, Bandhan Bank, among others.
Other investors who participated in the round included Goldman Sachs, New York State Teachers Retirement System, BNP...
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.