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ICICI Pru Flexicap NFO garners Rs 10,000 crore, the highest in an open-ended equity MF
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ICICI Pru Flexicap NFO garners Rs 10,000 crore, the highest in an open-ended equity MFBy
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The new fund offer (NFO) of ICICI Prudential Flexi Cap which ended on July 12 has mobilized close to Rs 10,000 crore, making this the highest mobilization by an actively managed open end equity mutual fund.
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The new fund offer (NFO) of ICICI Prudential Flexi Cap which ended on July 12 has mobilized close to Rs 10,000 crore, making this the highest mobilization by an actively managed open end equity mutual fund.
ICICI Pru Flexicap NFO garners Rs 10,000 crore, the highest in a open end equity MF indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
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Bank of Baroda allots 55 crore shares worth ₹4,500 crore to QIBs
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BNP Paribas Arbitrage, SBI Life, LIC, Nippon India Large Cap Fund, ICICI Prudential Business Cycle Fund each allotted more than 5% equity
Eligible qualified institutional buyers (QIBs), including BNP Paribas Arbitrage, SBI Life Insurance Company and Life Insurance Corporation of India, have been collectively allotted about 55 crore equity shares aggregating about ₹4,500 crore by the Capital Raising Committee of the Board of Directors of Bank of Baroda (BoB).
BoB’s qualified institutional placement (QIP) issue opened for subscription on February 25, 2021 and closed on March 2.
According to the bank’s regulatory filing, the issue price of ₹81.70 per equity share (including a premium of ₹79.70 per equity share) was at a discount of 5 per cent to the floor price of ₹85.98 per equity share determined as per SEBI Regulations for equity shares to be allotted to eligible QIBs in the issue.