Vedant Fashions mobilises Rs 944.75 crore from anchor investors ahead of IPO

Vedant Fashions mobilises Rs 944.75 crore from anchor investors ahead of IPO

Vedant Fashions IPO | Marquee investors participated in the offer includes Government of Singapore, Monetary Authority of Singapore, Fidelity Securities, Nomura, Wellington Trust Company, Ashoka India Opportunities Fund, Abu Dhabi Investment Authority.





February 03, 2022 / 09:18 PM IST





Vedant Fashions IPO



Vedant Fashions on February 3 has mobilised Rs 944.75 crore from 75 anchor investors, ahead of its initial public offering launch.

The company said it has finalised allocation of 1,09,09,450 equity shares to anchor investors at Rs 866 per share, the upper price band.

Marquee investors participated in the offer includes Government of Singapore, Monetary Authority of Singapore, Fidelity Securities, Nomura, Wellington Trust Company, Ashoka India Opportunities Fund, Abu Dhabi Investment Authority, Amundi Funds, Carmignac Portfolio, Eastspring Investments, Pinebridge Global Funds, Volrado Venture, Elara India Opportunities Fund, Morgan Stanley, Societe Generale and BNP Paribas Arbitrage.

SBI Mutual Fund, Axis Mutual Fund, Kotak Mutual Fund, ICICI Prudential, Aditya Birla Sun Life, ICICI Prudential Life Insurance, HDFC Life Insurance, DSP MF, UTI MF, Sundaram MF, IDFC MF, Motilal Oswal MF, ITPL Invesco, Canara Robeco MF, Edelweiss MF, Bajaj Allianz Life Insurance, Kotak Mahindra Life Insurance and Bharti Axa Life Insurance also invested in the company through anchor book.

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