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SEDEMAC
Mechatronics has raised ₹325.89 Cr from anchor investors like HDFC Mutual Fund, Abu Dhabi Investment Authority, Goldman Sachs, Invesco India, among others, before its IPO opens for public subscription on Wednesday (March 4) and closes on Friday (March 6).
The deeptech company allotted 24.10 Lakh equity shares to anchor investors at ₹1,352 per share, the upper end of its IPO price band of ₹1,287 to ₹1,352.
Out of the total anchor allocation, 68.09%, or 16.41 Lakh shares, were…
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.
SEDEMAC Mechatronics has raised ₹325.89 Cr from anchor investors like HDFC Mutual Fund, Abu Dhabi Investment Authority, Goldman Sachs, Invesco India, among others, before its IPO opens for public subscription on Wednesday (March 4) and closes on Friday (March 6).
The deeptech company allotted 24.10 Lakh equity shares to anchor investors at ₹1,352 per share, the upper end of its IPO price band of ₹1,287 to ₹1,352.
Out of the total anchor allocation, 68.09%, or 16.41 Lakh shares, were…
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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