Madhya Pradesh-based cast components maker Gallard Steel has attracted four investors in the anchor book on November 18, raising Rs 10.63 crore ahead of its IPO opening for the public on November 19.

The company approached capital markets to mop up Rs 37.5 crore via initial public offering (IPO) of 25 lakh shares at the upper end of price band of Rs 142-150 per share. The public issue will remain open till November 21.

On Tuesday, it has finalised allocation of 7.09 lakh equity shares to four anchor investors - SageOne Flagship Growth OE Fund, Cognizant Capital Dynamic Opportunities Fund, Vikasa India EIF I, and Minerva Ventures Fund - at Rs 150 per share.

SageOne Flagship Growth OE Fund, an open-ended Category III AIF, picked Rs 2.49 crore worth shares in Gallard Steel , while Cogniz

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