Sudeep Pharma garners Rs 268 crore ahead of IPO. (Photo source: LinkedIn/Sudeep Pharma) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Sudeep Pharma Pvt. Ltd. announced that it garnered Rs 268.5 crore from anchor investors on Thursday, ahead of its initial public offer (IPO), which begins on Friday, as per an exchange filing on BSE.

HDFC MF, ICICI Prudential MF, Nippon India MF, WhiteOak Capital MF, Aditya Birla Sun Life MF, Motilal Oswal MF, Quant MF, Bandhan MF, UTI MF, Edelweiss MF were some of the mutual funds that partook in the anchor.

Besides them, there was Tata AIA Life Insurance and SBI Life Insurance, according to the the circular of attached in the filing.

As per the circular, the Vadodara-based company allocated 45,27,823 equity shares at Rs 593 per share

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