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Lodha Allots Shares Worth Rs 740 Cr To Anchor Investors Ahead Of Ipo | Business Standard News

by business-standard.com posted 5months ago 25 views
The company allotted 15.2 million shares to 14 investors at Rs 486 apiece. : The company allotted 15.2 million shares to 14 investors at Rs 486 apiece. Capital Group, Nomura, CDPQ; Wellington Asset Management, Abu Dhabi Investment Authority are some of the foreign investors who got allotment. HDFC MF and Premji Invest were among the domestic investors to get allotment under the anchor category. Lodha’s IPO opens for subscription on Wednesday. The company has priced it between at Rs 483–486 per equity share. The IPO comprises of fresh issuance of equity shares worth Rs 2,500 crore.

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