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Varmora Granito raises Rs 212 crore from anchor traders forward of Rs 708 crore IPO

whysavetoday by whysavetoday
September 22, 2026
in Business
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Varmora Granito raises Rs 212 crore from anchor traders forward of Rs 708 crore IPO
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New Delhi: Varmora Granito on Monday raised ₹212.4 crore from anchor traders, together with Goldman Sachs and ICICI Prudential Mutual Fund, a day forward of the opening of its ₹708-crore IPO.

Learn extra: Landmark NSE IPO threatens to hole out Dalal Avenue’s shadow market

The corporate allotted 1.43 crore fairness shares to 17 funds at ₹148 apiece. Different individuals included Bandhan Mutual Fund, India Acorn Fund, Turnaround Alternatives Fund, Motilal Oswal Mutual Fund, JM Monetary Mutual Fund, Bharti AXA Life Insurance coverage Firm, Societe Generale and BNP Paribas Monetary Markets.

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Tags: AheadanchorcroreGranitoInvestorsIPOraisesVarmora
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