Indegene IPO, which is scheduled to open for subscription on May 4, has allocated 12,141,102 equity shares to 36 anchor investors, as per the exchange filing.
As a part of the OFS, Norwest Venture Partners X-Mauritius and TPG Growth IV SF PTE Ltd will offload shares worth Rs 700 crore each, Evolvence Coinvest I will divest shares to the tune of Rs 75 crore and Evolvence India Fund III Ltd will sell shares worth Rs 25 crore. Get more IPO News and Business News on Zee Business.
Kotak Mahindra Capital Company, Jefferies India , Motilal Oswal Investment Advisors and Nomura Financial Advisory and Securities (India) are the book running lead managers to the issue.
The company plans to raise about Rs 2,200 crore through the public offer, which includes a fresh equity sale of Rs 500 crore and an offer for sale (OFS) of Rs 1,700 crore.