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The Economic Times
The Economic Times
Business

Molbio Diagnostics collects Rs 281 cr from anchor investors ahead of IPO

Molbio Diagnostics Molbio IPO BSE

Point-of-care diagnostics company Molbio Diagnostics Ltd, backed by Temasek and Motilal Oswal Private Equity, raised Rs 281.5 crore from anchor investors ahead of its initial public offering (IPO).

The company allotted 34.88 lakh equity shares to 33 anchor investors at Rs 807 apiece, the upper end of the price band, according to a circular uploaded on the BSE website late night on Friday.

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