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Fedfina IPO: Fedbank Financial Services raises ₹329.99 crore in pre-IPO placement
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₹329.99 crore, today. Fedbank Financial Services Limited, in consultation with the Book Running Lead Managers (BRLMs), initiated a Pre-IPO placement of 23,571,428 equity shares at the upper end of the price band of ₹140 per equity share, and received board approval, the company said in an exchange filing.
ICICI Securities Ltd, BNP Paribas, Equirus Capital Private Ltd, and JM Financial Ltd are the BRLM to the issue, and Link Intime India Private Ltd is the registrar to the offer. The allocation to anchor investors for Fedfina IPO is scheduled to take place today (Tuesday, November 21).
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