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PhysicsWallah (PW) has raised INR 1,562.8 Cr from anchor investors a day ahead of opening its initial public offering (IPO) for bidding. Anchor investors subscribed to 14.33 Cr equity shares at INR 109 apiece
Of these, 7.96 Cr shares, or 55% of the total anchor round, were lapped up by 14 domestic mutual funds, including ICICI Prudential, Motilal Oswal, 360 ONE Assets, Aditya Birla Sun Life, Edelweiss, among others
Besides, other investors who participated in the anchor round…
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.
PhysicsWallah (PW) has raised INR 1,562.8 Cr from anchor investors a day ahead of opening its initial public offering (IPO) for bidding. Anchor investors subscribed to 14.33 Cr equity shares at INR 109 apiece
Of these, 7.96 Cr shares, or 55% of the total anchor round, were lapped up by 14 domestic mutual funds, including ICICI Prudential, Motilal Oswal, 360 ONE Assets, Aditya Birla Sun Life, Edelweiss, among others
Besides, other investors who participated in the anchor round…
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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