The company has allotted 1.75 crore equity shares to qualified institutional investors, the shares were priced at Rs 696 per share, resulting in an issue size of approximately Rs 1,218 crore.
The QIP garnered interest from a diverse range of investors, including long-only funds, mutual funds, insurance companies, and other key stakeholders.
The QIP witnessed participation from various institutional investors, with the allottees receiving more than 5% of the total issue size.
Authum Investment and Infrastructure emerged as the largest allottee, securing a major 32.29% allocation. Following Quant Mutual Fund - Quant Mid Cap Fund received allocation of 19.89%.
Shamyak Investment Private received allocation of 5.71%, Quant Mutual Fund - Quant Large & Mid Cap Fund and Santosh I...
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