The company in consultation with merchant bankers has finalised allocation of 21,296,397 equity shares to anchor investors, at Rs1,125 per share, the upper end of the price band, as per a BSE circular.
FSN E-Commerce Ventures Limited – Nykaa on Wednesday has mopped up Rs2,396cr from 174 anchor investors ahead of its initial public offering. The offer will open for subscription on October 28.
The company in consultation with merchant bankers has finalised allocation of 21,296,397 equity shares to anchor investors, at Rs1,125 per share, the upper end of the price band, as per a BSE circular.
BlackRock Global Funds, Fidelity Funds, Nomura, Government of Singapore, Monetary Authority of Singapore, Canada Pension Plan Investment Board, T Rowe Price, Tiger Global Investments Fund, Goldman Sachs and Morgan Stanley are among the investors that participated in the anchor book.
The Price Band of the offer has been fixed at Rs1,085 to Rs1,125 per Equity Share.
The bids can be made for a minimum of 12 Equity Shares and in multiples of 12 Equity Shares thereafter.
The Equity Shares offered through Red Herring Prospectus are proposed to be listed on BSE and NSE.
The offer includes a reservation of up to 250,000 Equity Shares for purchase by eligible employees (“Employee Reservation Portion”).
The company in consultation with merchant bankers has finalised allocation of 21,296,397 equity shares to anchor investors, at Rs1,125 per share, the upper end of the price band, as per a BSE circular.
BlackRock Global Funds, Fidelity Funds, Nomura, Government of Singapore, Monetary Authority of Singapore, Canada Pension Plan Investment Board, T Rowe Price, Tiger Global Investments Fund, Goldman Sachs and Morgan Stanley are among the investors that participated in the anchor book.
The Price Band of the offer has been fixed at Rs1,085 to Rs1,125 per Equity Share.
The bids can be made for a minimum of 12 Equity Shares and in multiples of 12 Equity Shares thereafter.
The Equity Shares offered through Red Herring Prospectus are proposed to be listed on BSE and NSE.
The offer includes a reservation of up to 250,000 Equity Shares for purchase by eligible employees (“Employee Reservation Portion”).
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