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Mar 01, 2023, 09.30 AM

Divgi Torqtransfer Systems raises Rs. 185.45 crore via anchor investors

Public Issue opens on 1st March 2023.

Anchors include Matthews Asia Funds, Aurigin Master Fund, ICICI Prudential, Nippon Life India Trustee, Aditya Birla Sun Life Insurance, Quant MF, Edelweiss Trusteeship, Motilal Oswal, Bengal Finance And Investment; 5 Mutual Funds applied through 8 schemes.

Divgi Torqtransfer Systems allotted 31,43,290 equity shares to 12 anchor investors at Rs. 590 per share (upper end of price band) aggregating to approx. Rs. 185.45 crore.

Anchors include Matthews Asia Funds, Aurigin Master Fund, ICICI Prudential, Nippon Life India Trustee, Aditya Birla Sun Life Insurance, Quant MF, Edelweiss Trusteeship, Motilal Oswal, Bengal Finance And Investment; 5 Mutual Funds applied through 8 schemes.

Public Issue opens on 1st March 2023.
 

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