HomeStock MarketBikaji Foods International raises Rs 262 crore before IPO.

Bikaji Foods International raises Rs 262 crore before IPO.

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  • Bikaji Foods International raised Rs 262.11 crore from 36 anchor investors on November 2 for its IPO.
  • In its BSE filing, Bikaji Foods said it has allocated 87.37 lakh equity shares to anchor investors after consulting merchant bankers.
  • The business stated that 10 domestic mutual funds received 36.83 lakh shares, or 42.16 percent of anchor book, through 17 schemes.
  • The anchor book included the Government of Singapore, ICICI Prudential, HDFC Mutual Fund, Nippon Life India, Aditya Birla Sun Life, Whiteoak Capital, Blackrock Global Funds, Goldman Sachs, Morgan Stanley, Eastspring Investments, Neuberger Berman Emerging Markets Equity Master Fund, Max Life Insurance, Tata Mutual Fund, Carmignac Portfolio, Kotak Mutual Fund, Bay Capital, and Edelweiss.

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