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Dhanvarsha Finvest Limited inks Co-Lending Partnership to offer Gold Loans with Central Bank of India

Dhanvarsha Finvest Limited inks Co-Lending Partnership to offer Gold Loans with Central Bank of India
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Singapore govt among 15 anchor investors for Kalyan IPO

Singapore govt among 15 anchor investors for Kalyan IPO FE Bureau © Provided by The Financial Express Kalyan is backed by private equity major Warburg Pincus, which has a 24 % stake through its investment arm Mauritius-based Highdell Investment. Kalyan Jewellers has said that the government of Singapore and Monetary Authority of Singapore are among the 15 anchor investors who invested Rs 351.89 crore on Monday ahead of the jewellery retailer s initial public offering (IPO). The firm has allocated 4.04 crore shares at the upper price band of Rs 87 a share. Government of Singapore has been allocated 29% in the anchor allocation of Kalyan Jewellers India, while Monetary Authority of Singapore has been allocated 5.11% .

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