eMudhra raised ₹124 crores from 9 Anchor Investors ahead of IPO

The eMudhra raised ₹ 124 crores from anchor investors on 19,May 2022 Thursday before the its IPO. eMudhra IPO to open on 20,May 2022 Friday. The company allotted total of 48,37,336 equity shares to 9 Anchor investors at a upper price band ₹ 256. The anchor investors list includes 4 Mutual Funds through a total of 5 schemes. The company is going to raise ₹ 412.79 crores via IPO.

Anchor investors :- Baring Private Equity India, Hornbill Orchid India Fund, Pinebridge India Equity Fund, and Abakkus Growth Fund

Mutual Fund :- Aditya Birla Sun Life Mutual Fund (MF), Motilal Oswal MF, Nippon India MF, SBI MF

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