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  1. DAM Capital Advisors, Mamata Machinery and 3 other mainboard IPOs collectively raise ₹866 crore from anchor investors; check details

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DAM Capital Advisors, Mamata Machinery and 3 other mainboard IPOs collectively raise ₹866 crore from anchor investors; check details

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3 min read | Updated on December 19, 2024, 09:31 IST

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SUMMARY

Mamata Machinery raised ₹53.56 crore from anchor investors, including Authum Investment, Aarth AIF, Subhkam Ventures, Winro Commercial, Belgrave Investment Fund and Chartered Finance & Leasing.

Sanathan Textiles received ₹165 crore in the anchor round.

Sanathan Textiles received ₹165 crore in the anchor round.

DAM Capital Advisors, Mamata Machinery, Transrail Lighting, Sanathan Textiles and Concord Enviro Systems collectively raised ₹866.11 crore from anchor investors ahead of opening their initial public offerings for subscriptions on Thursday, December 19.

The IPOs will conclude on Monday, December 23, and list on NSE and BSE on December 27.

DAM Capital Advisors IPO

Investment bank DAM Capital Advisors collected ₹251.48 crore in the anchor round from investors such as Nomura, HSBC, Societe Generale, Goldman Sachs, Nippon India Mutual Fund (MF), Kotak MF, Aditya Birla Sun Life MF and HDFC MF.

As per the circular uploaded on the BSE website, veteran banker Dharmesh Anil Mehta-led company allotted 88.86 lakh equity shares to 33 funds at ₹283 a unit, the upper end of the price band.

DAM Capital Advisors IPO is an offer-for-sale (OFS) of 2.97 crore shares worth ₹840.25 crore.

Transrail Lighting IPO

Transrail Lighting, which offers engineering and construction services, mobilised ₹245.97 crore from anchor investors, including Winro Commercial, ICICI Prudential MF, LIC MF, Bandhan MF, Tata MF, SBI General Insurance, ITI MF, Taurus Flexi Cap Fund, Nuvama, BNP Paribas Financial Markets, and Citrus Global Arbitrage Fund.

The ₹838.91 IPO is a mix of new offering of shares worth ₹400 crore and an OFS of 1.01 crore share. The price band is ₹410-₹432 per share.

Concord Enviro Systems IPO

Concord Enviro Systems raised ₹150.1 crore from Morgan Stanley, Meru Investment Fund, Societe Generale, SBI General Insurance, LC Pharos Multi-Strategy Fund, Winro Commercial, ICICI Prudential MF, Bandhan MF, Invesco India, PGIM India, Kotak Mahindra AMC, and other anchor investors.

The Mumbai-based water and wastewater treatment solutions provider's IPO, with price band of ₹665 to ₹701 per share, consists of a fresh issue of shares worth ₹175 crore as well OFS of 46 lakh shares.

Sanathan Textiles IPO

Sanathan Textiles received ₹165 crore in the anchor round. Investors such as Pinebridge Global Funds, Societe Generale, Edelweiss Trusteeship, SBI General Insurance, Whiteoak Capital, SBI MF, Nippon Life India, HDFC MF, Kotak Mahindra AMC and others picked 51.4 lakh shares.

The polyester and cotton yarn products manufacturer intends to raise ₹550 crore via a fresh issue of 1.25 crore shares and an OFS of ₹150 crore.

Mamata Machinery IPO

Mamata Machinery raised ₹53.56 crore from anchor investors, including Authum Investment, Aarth AIF, Subhkam Ventures, Winro Commercial, Belgrave Investment Fund and Chartered Finance & Leasing.

The ₹179.39 crore IPO is entirely an OFS of 74 lakh shares.

To learn more about IPO listings, schedules, and upcoming IPOs, visit our page.

About The Author

WhatsApp Image 2024-06-20 at 9.58.49 AM.jpeg
Kamal Joshi is a business journalist who covers industries, markets and IPOs. He is passionate about breaking news and enjoys playing tennis, where he loves flexing his backhand.

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