Site icon Premium Alpha

Leela Lodges Operator Schloss Bangalore Raises Rs 1,575 Crore From Anchor Merchants Ahead Of IPO

Leela Lodges Operator Schloss Bangalore Raises Rs 1,575 Crore From Anchor Merchants Ahead Of IPO


Schloss Bangalore, the operator of the Indian luxurious resort ‘The Leela’, has finalised allocation of 36,206,896 equity shares to anchor consumers on the anchor investor allocation worth of Rs 435 per share. This comprises the share premium of Rs 425 per share.

The anchor e e-book has acquired widespread participation from dwelling institutional consumers, along with most important mutual funds comparable to HDFC MF, ICICI Prudential MF, Nippon India MF, Mirae MF and Invesco MF and insurance coverage protection corporations comparable to Max Life and Birla Life.

Worldwide curiosity was equally notable with very sturdy demand from sovereign and long-only FIIs comparable to Suppose Make investments, Fidelity, Norges Monetary establishment, Whiteoak, Lunate, UC Regents, TT Worldwide and Ward Ferry.



Source link

Exit mobile version