New Delhi, Sep 26 (PTI) Logistics service provider Glottis on Friday said it has mobilised a little over Rs 55 crore from anchor investors, days before its initial share-sale opening for public subscription.
LC Pharos Multi Strategy Fund VCC, Meru Investment Fund PCC-CELL 1, Abans Finance, Sunrise Investment Opportunities Fund and VPK Global Ventures Fund are among the anchor investors, according to a circular uploaded on the BSE website.
Glottis has allotted 42.84 lakh equity shares to seven funds at Rs 129 apiece. This takes the total transaction size to Rs 55.26 crore, the circular added.
The Rs 307-crore issue will open for subscription on September 29 and conclude on October 1. The price band has been set at Rs 120 to Rs 129 per share for its upcoming IPO. At the upper end, the com