Mumbai: Ahead of its much-awaited IPO today, IndiGo’s parent InterGlobe Aviation has raised Rs 832 crore from anchor investors by allotting shares at the upper price band of Rs 765 apiece.
The company has allotted little over 1.08 crore shares to more than 40 anchor investors, including the Singapore government, Monetary Authority of Singapore, Goldman Sachs India Fund, Abu Dhabi Investment Council – Tallyfish, Indus India Fund (Mauritius) Ltd, Kuwait Investment Authority Fund 224, Credit Suisse Singapore Ltd and Sundaram Mutual Fund.
InterGlobe would be hitting the capital markets to raise Rs 3,018 crore through the initial public offering, the biggest in nearly three years. The price band for the offer has been fixed at Rs 700-765 per share.
The IPO committee of the company’s board of directors today finalised the allocation of little over 10.87 million (1.08 crore) shares to anchor investors at the price of Rs 765 apiece, according to a regulatory filing. At this price, the total amount is Rs 832.03 crore.
27/10/15 Financial Express
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The company has allotted little over 1.08 crore shares to more than 40 anchor investors, including the Singapore government, Monetary Authority of Singapore, Goldman Sachs India Fund, Abu Dhabi Investment Council – Tallyfish, Indus India Fund (Mauritius) Ltd, Kuwait Investment Authority Fund 224, Credit Suisse Singapore Ltd and Sundaram Mutual Fund.
InterGlobe would be hitting the capital markets to raise Rs 3,018 crore through the initial public offering, the biggest in nearly three years. The price band for the offer has been fixed at Rs 700-765 per share.
The IPO committee of the company’s board of directors today finalised the allocation of little over 10.87 million (1.08 crore) shares to anchor investors at the price of Rs 765 apiece, according to a regulatory filing. At this price, the total amount is Rs 832.03 crore.
27/10/15 Financial Express
