Day Before IPO Advanced Enzyme Tech Raises Rs 123 crore
Ahead of its initial public offer tomorrow, Advanced Enzyme Technologies today mopped up nearly Rs 123 crore from as many as
15 anchor investors. Little over 13.71 lakh shares were allotted to the anchor investors at Rs 896 apiece, the upper end of the price band for the Rs 411 crore IPO.
DB International (Asia) Ltd, Kuwait Investment Authority Fund, DSP Blackrock Equity Fund, SBI Life Insurance Company Ltd, L&T Mutual Fund Trustee Ltd and Kuwait Investment Authority Fund, DSP Blackrock Equity Fund, SBI Life Insurance Company Ltd, L&T Mutual Fund Trustee Ltd are among the anchor investors.
Advanced Enzyme Technologies is the largest domestic enzyme company, engaged in research, development, manufacture and marketing of over 400 proprietary products developed from 60 indigenous e...