Laser Power & Infra raises Rs.222 crore from anchor investors ahead of IPO
New Delhi, July 8 -- Laser Power & Infra Limited, an integrated manufacturer of power cables and conductors, has raised Rs.222 crore from anchor investors at Rs.214 per equity share, as per an exchange filing.
Some of the key anchor investors who were allocated shares are Nippon Life MF, HDFC MF, Kotak Mahindra MF, Mirae MF, Motilal Oswal MF, Bandhan MF, Edelweiss MF, Bank of India MF, 3P India Equity Fund, Kotak Mahindra Life Insurance, Edelweiss Life Insurance, Societe Generale, Buoyant Capital AIF, Sanshi Fund, and SageOne.
Out of the total allocation of 10,401,867 equity shares to the anchor investors, 7,663,390 equity shares (i.e., 73.67% of the total allocation to anchor investors) were allocated to 8 domestic mutual funds applyin...
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