Paradeep Phosphates raised ₹450 crores from 20 Anchor Investors ahead of IPO

The Paradeep Phosphates raised ₹ 450 crores from anchor investors on 13,May 2022 Friday before the its IPO. Paradeep Phosphates IPO to open on 17,May 2022 Tuesday. The company allotted total of 10,72,66,532 equity shares to 20 Anchor investors at a upper price band ₹ 42. The anchor investors list includes 7 Mutual Funds through a total of 11 schemes. The company is going to raise ₹ 1,501.73 crores via IPO.

Anchor investors :- Goldman Sachs, BNP Paribas Arbitrage, Kuber India Fund, Copthall Mauritius Investment and Societe Generale.

Domestics Mutual Fund :- ICICI Prudential Mutual Fund (MF), Nippon India MF, SBI MF, Tata MF, HDFC MF, DSP MF and Mirae MF.

Read :- IPO Anchor Investors List

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