IPO Watch: Muthoot Microfin raises Rs 285 crore via pre-IPO placement to 26 investors
Muthoot Microfin has raised Rs 285 crore by selling part stake to anchor investors in the pre-IPO placement. The company has allocated 97,93,812 shares to 26 anchor investors. These include foreign portfolio investors like Morgan Stanley, Societe Generale, Copthall Mauritius Investment. Among domestic institutional investors, a string of insurance companies, including ICICI Prudential Life Insurance, … Read more