4 months ago
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Amagi Media Labs said it had raised ₹805 crore from marquee anchor investors including SBI MF, ICICI Prudential MF and HDFC MF up of its ₹1,789-crore nationalist issue, which opened for subscription connected Tuesday. The institution allotted 2,22,95,799 equity shares to 42 anchor investors astatine ₹361 per stock (the precocious extremity of the terms band).
The apical 3 home communal funds – SBI MF, ICICI Prudential MF, and HDFC MF – had picked up the bulk of Amagi’s anchor information allocation – astir 40% of the full anchor book, it said.
Other anchors see Birla MF, Fidelity, Motilal Oswal MF, HDFC Life Insurance, Tata Mutual Fund, Franklin Templeton MF, 360One, Baroda BNP MF, Amundi, PGIM MF, Bandhan MF, Susquehanna International (SIG), Bharti Axa, Isometry Capital, Societe Generale, Creaegis, Edelweiss Tokio Life, New Vernon Capital, Helios (incl. MF) among others.
The IPO’s caller contented proceeds of ₹816 crore volition beryllium utilized for financing expenses towards exertion and unreality infrastructure; backing inorganic maturation done unidentified acquisitions and wide firm purposes.
The nationalist contented volition close on January 16, extended to 4 days owed to section municipal elections successful Maharashtra.
