The issue price for the placement is between 170 rupees and 176 rupees, a 6.2 per cent to 2.9 per cent discount to Monday's closing level of 181.25 rupees. The financial services firm will use the proceeds from the fundraise for investment in its units, joint ventures, and associates, among other corporate purposes.
The bookrunning managers for the issue are BofA Securities India, Jefferies India, Axis Capital, and ICICI Securities.
Published 27 June 2023, 05:17 IST