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The Times of India
The Times of India
Business
PTI

IPO-bound Paradeep Phosphates raises Rs 450 crore from anchor investors

Paradeep Phosphates IPO New Delhi

NEW DELHI: Fertilizer company Paradeep Phosphates on Friday said it has raised a little over Rs 450 crore from anchor investors days before the roll-out of its initial public offering.

The company has decided to allocate a total of 10,72,66,532 equity shares to anchor investors at Rs 42 apiece, aggregating the transaction size to Rs 450.52 crore, according to a circular uploaded on BSE website.

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