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Mumbai-based B2B ecommerce company ArisInfra raised INR 224.8 Cr from anchor investors today, a day before its IPO opens.
The company allotted 1.01 Cr shares to 15 investors, including Astorne Capital VCC, Niveshaay Hedgehogs Fund, Nexus Global opportunities Fund, at INR 222 per share.
No domestic mutual fund applied for the anchor investor portion of the issue.
ArisInfra’s IPO will comprise only a fresh issue of shares. The company is looking to raise INR 499.6 Cr from the public issue.
The company has set a price band of INR 210 to INR 222 apiece for the IPO.
(The story will be updated soon)
The post ArisInfra Raises INR 225 Cr From Anchor Investors appeared first on Inc42 Media.
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