IPO

Pharma retailer MedPlus raises Rs.418-Cr from 36 anchor Investors

MoneyControl  

Pharmacy retailer Medplus Health Services has raised INR 417.98 crore from 36 anchor investors ahead of its IPO. It will allocate 52,51,111 equity shares to anchor investors at INR 796 apiece. Among participants were Abu Dhabi Investment Authority, Blackrock Global Funds, Nomura, Fidelity Investment Trust, Goldman Sachs, Morgan Stanley, Wasatch International Opportunities Fund, Carmignac Portfolio, and CI Asian Tiger Fund. Domestic investors including HDFC Trustee, Aditya Birla Sun Life, SBI Mutual Fund, Nippon Life, Kotak Mutual Fund, Motilal Oswal Mutual Fund, HDFC Life Insurance, ICICI Prudential Life Insurance, SBI Life Insurance, and Edelweiss also invested in the company.

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