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The new fund is an open-ended scheme replicating or tracking the Nifty50 equal weight index, effectively with a relatively lower cost as it is a passive offering. ....
The IPO committee of the company at its meeting held on December 12, 2023, in consultation with the book running lead managers to the offer, has finalized allocation of 68,06,961 equity shares, to anchor investors at an anchor investor allocation price of Rs 790 per equity share. ....