Vodafone FPO: GQG, SBI funds eye investments
GQG aims to invest around $500 million, with SBI Mutual Fund looking to make an investment ranging from $200 million to $300 million in the FPO.
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GQG aims to invest around $500 million, with SBI Mutual Fund looking to make an investment ranging from $200 million to $300 million in the FPO.
Initially, Vashishtha had planned to move on and join rival investment bank JP Morgan in a senior role , Moneycontrol had reported on February 5.
Mumbai: GQG Partners, an investment firm, and State Bank of India Mutual Fund are contemplating a combined investment of around $800 million in the $2.16 billion share offering of telecom company Vodafone Idea, media reported.
NTPC Green Energy shortlists banks for a Rs 10,000 crore IPO, including IDBI Capital and HDFC Bank. The IPO aims for March 2025 with plans to add 4-5 GW renewable power capacity and focus on green energy projects.
However, it is important to note that grey market premiums are just an indicator as to how the company's shares are stacked up in the unlisted market and are subject to change rapidly.