The infrastructure developer has entered capital markets with its IPO in the price range of Rs 242-258 per share. The issue closes on March 15. via Advertisements
IL & FS Transportation Networks Limited Raises Rs 126 cr from anchor investors
IL & FS Transportation Networks Limited has said it has raised about Rs 126 crore from some anchor investors under its initial public offer which opened on Thursday. IL & FS Transportation Networks Limited roped in several anchor investors, including Reliance Capital Trustee Co, Axis Mutual Fund and Sundaram BNP Paribas Mutual Fund, for allotment of 48.83 lakh shares at a price of Rs 258 per piece -- the upper band of price range – aggregating to Rs 125.99 crore, it said in a statement.
The infrastructure developer has entered capital markets with its IPO in the price range of Rs 242-258 per share. The issue closes on March 15. via Advertisements
The infrastructure developer has entered capital markets with its IPO in the price range of Rs 242-258 per share. The issue closes on March 15. via Advertisements
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