MTAR Tech IPO: MTAR Tech raises Rs 179 crore from 15 anchor investors
MUMBAI: Hyderabad based precision engineering solutions company MTAR Technologies has raised Rs. 180 crores from 15 anchor investors ahead of its initial public offer (OFS) which will open for subscription on Wednesday. The company has allocated 31.11 lakh shares at Rs. 575 per share on March 2, to the anchor investors. The anchor book, according to bankers, received a demand of Rs 3,500 crore from 35 institutions as against the book size of Rs 180 crore. Investors who participated in the anchor were Nomura Funds Ireland, Jupiter South Asia Investment, White Oak Capital, Goldman Sachs Asset M...
Source: indiatimes.com