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The company allocated 4.3 Mn equity shares to anchor investors at INR 407 per share
As much as 32.04% of the total anchor allotment, or 1.37 Mn shares, were lapped up by three domestic mutual funds — Tata Mutual Funds, Baroda BNP Paribas and Trust Mutual Fund
Other investors that participated in Smartworks’ anchor round were Aditya Birla Sun Life, Axis Mutual Fund, SBI General Insurance, Societe Generale and Buoyant Capital
A day before commencing the bidding for…
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The company allocated 4.3 Mn equity shares to anchor investors at INR 407 per share
As much as 32.04% of the total anchor allotment, or 1.37 Mn shares, were lapped up by three domestic mutual funds — Tata Mutual Funds, Baroda BNP Paribas and Trust Mutual Fund
Other investors that participated in Smartworks’ anchor round were Aditya Birla Sun Life, Axis Mutual Fund, SBI General Insurance, Societe Generale and Buoyant Capital
A day before commencing the bidding for…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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