Mumbai: Aptus Value Housing Finance India Ltd on Monday raised ₹834 crore from anchor investors, which opens for subscription on Tuesday and closes on Thursday. The company has decided to allocate 23.63 million equity shares to anchor investors at ₹353 apiece, valuing the transaction size to ₹834.02 crore, according to a circular uploaded on the BSE website. Out of total allocation of 23.63 million equity shares to anchor investors, 1.95 million equity shares (8.27% of total anchor book) have been allocated to 3 mutual funds which have applied through a total of 7 schemes. The offer comprises of a fresh issuance of equity shares, aggregating up to Rs.5000 million and an offer for sale of equity shares aggregating up to 64.59 million equity shares by the selling shareholders. ICICI Securities Limited, Citigroup Global Markets India Private Limited, Edelweiss Financial Services Limited and Kotak Mahindra Capital Company Limited are the book running lead managers to the offer.

Source: Mint August 09, 2021 17:37 UTC