Tarsons Products raises ₹306 crores from 32 Anchor Investors

Tarsons Products, the renowned Indian life sciences firm received Rs 306 crore from 32 anchor investors on Friday, November 12, 2021, just before the IPO. The Tarsons Products initial public offering (IPO) is set to begin on Monday, November 15th. At a price band of 662, the company allocated a total of 46,21,757 equity shares to 32 anchor investors. Domestic Mutual Funds through a total of 19 schemes make up the anchor investor list. The company plans to raise 1,023.47 crores through an initial public offering (IPO).