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IPO

Supriya Lifescience raises Rs.315-Cr from anchor investors

Economic Times  

Supriya Lifescience Ltd has raised INR 315 crore from anchor investors ahead of its IPO rollout on Thursday. The company has allotted 1.15 crore equity shares to anchor investors at INR 274 apiece, which is the upper end of the price band. BNP Paribas Arbitrage, Societe Generale, Reliance General Insurance Company, Aditya Birla Sun Life Insurance Company, Kuber India Fund, Saint Capital Fund and Nippon India Mutual Fund are among the anchor investors. The IPO comprises fresh issue of equity shares worth INR 200 crore and an offer for sale (OFS) of up to INR 500 crore by its promoter Satish Waman Wagh.