Belagavi · Karnataka

Local News · Global Standards

Dhoot Transmission raises Rs 918 crore from 72 anchor investors ahead of Rs 3,067-crore IPO

8 August 20261 min read2 views
Share:
Image not available

Dhoot Transmission Ltd has raised Rs 918.27 crore from 72 anchor investors ahead of its Rs 3,067 crore initial public offering, allotting 1,05,42,657 equity shares at the upper price band of Rs 871 apiece. The shares have a face value of Rs 2 each, including a share premium of Rs 869 per equity share.Domestic mutual funds accounted for the bulk of the anchor allocation. Of the 1,05,42,657 shares allotted, 64,59,984 shares, or 61.27% of the total anchor allocation, were allotted to eight domes...

Original Source

This article was originally published by Economictimes.indiatimes.com.

Read Original Article

Related Articles