RK Swamy Ltd raises Rs 187 Cr

Mumbai, Mar 08: R K Swamy Limited raises 187 crores by allocating 65 Lakh equity shares at Rs ₹ 288/- per Equity Share (including share premium of ₹ 283/- per Equity Share)

Out of the total allocation of 65 Lakh equity shares to the anchor investors, 28 Lakh equity shares (43.82% of the anchor investor portion) were allocated to three mutual funds through a total of 7 schemes.

The marquee investors include Nippon Life India Trustee Limited, LIC Mutual Fund, Aditya Birla Sun Life Insurance, PineBridge Global Funds, Bajaj Allianz Life Insurance, JM Financial Mutual Fund, SBI General Life Insurance, GAM Multistock Emerging Markets Equity, Societe Generale, Vikasa India EIF I Fund, Citigroup Global Markets Mauritius Private Limited - ODI, Copthall Mauritius Investment Limited - ODI, Goldman Sachs Singapore PTE - ODI, BNP Paribas Financial Markets - ODI.

The issue opens on Monday, 4th March 2024 and closes on Wednesday, 6th March 2024.

The bankers advising on the issue are SBI Capital Markets Limited, IIFL Securities Limited and Motilal Oswal Investment Advisory Limited.