IndiaMART raises Rs 213 crore from anchor investors
Updated : June 24, 2019 11:13 AM IST
IndiaMART InterMesh, an online marketplace for business products and services, said Friday it has raised more than Rs 213 crore from 15 anchor investors by allotting 21,95,038 equity shares at a price of Rs 973, the upper band of its IPO that opens on June 24.
ICICI Mutual Fund, HDFC Mutual Fund, SBI Mutual Fund, Birla Mutual Fund, Hornbill Capital Advisers LLP are among the 15 anchor investors.
IndiaMART on Wednesday said it will launch its initial public offering from June 24 and has fixed a price band of Rs 970–973 per share.