Transrail Lighting gets Rs 246 crore mobilised from anchor investors

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Apart from these, Winro Commercial (India) Ltd, Bengal Finance and Investments, SBI General Insurance Company and LIC Mutual Fund are the top anchor investors, according to a circular uploaded on BSE's website.

The company's proposed IPO is a combination of a fresh issue of shares worth Rs 400 crore and an offer for sale of 1.01 crore equity shares by a promoter Ajanma Holdings Private Ltd.

Transrail Lighting Ltd has mobilised Rs 246 crore from anchor investors including ICICI Prudential Mutual Fund and Tata Mutual Fund.

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Category: BusinessFinance

Markets: India

Topics: Banks (NEC) Inga Ventures General corporate purposes Mumbai Retail investors Winro Commercial (India) Ltd Investment Holding Companies (NEC) Mutual Funds (NEC) HDFC Bank EPC SBI General Insurance Company Tata Mutual Fund Brokerage Services IndiGrid LIC Mutual Fund Manufacturing facilities Initial public offering Bengal Finance and Investments Ajanma Holdings Transrail Lighting Ltd ICICI Prudential Mutual Fund

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-19 @ 11:30:20 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 393 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24544499

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