Harsha Engineers International mobilises Rs 225.74 crore
Harsha engineer international raised 225.74 crore on september 13 by anchor book ahead of IPO
company shared that they will release 68.40 equity shares at the price of 330RS per share
many big investors invested through ANCHOR BOOK LIKE sbi LIFE, fRANKLIN mf, uti AND OTHERS
Out of which 38.90 lakh shares were released to 9 domestic mutual funds
the price for share was fixed at 314 to 330 per share for fresh issue by promoters
funds will be used for repaying some debts, purchase of machinery and infrastructure repair
company raises 455 crores in the form of fresh issue by promoters
these fund raising will surely help company to have bang in near future