SaaS firm Capillary Technologies India on Thursday said it has raised ₹394 crore from anchor investors just a day before opening of its initial share sale for public subscription.

The anchor book saw participation from 21 entities including SBI Mutual Fund (MF), ICICI Prudential MF, Kotak Mahindra MF, Axis MF, Amundi Funds, ValueQuest Investment Advisors, US-based PineBridge Investments and Hornbill Orchid India Fund, according to a circular uploaded on the BSE website.

As per the circular, the company allocated 68.28 lakh equity shares at an anchor investor offer price of ₹577 per equity share, raising ₹393.98 crore.

Among these, 46.10 lakh shares, or 67.52% were allocated to nine domestic mutual funds, which have applied through 13 schemes.

The ₹877.5-crore initial public offering (I

See Full Page