InvestorQ : What has been the response to the anchor fund raising by Barbeque Nation ahead of its IPO?
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What has been the response to the anchor fund raising by Barbeque Nation ahead of its IPO?

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Niti Shenoi answered.
4 weeks ago
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Barbeque Nation Hospitality raised Rs.203 crore from anchor investors ahead of its initial share-sale, which opened for subscription on 24 March. The anchor investors are being allotted a total of 40.58 lakh shares at Rs.500 per share, which is the upper end of the price band. The allocation has been made to a total of 21 anchor investors and the company has raised a sum of Rs.202.89 crore.

The anchor investors roster list include marquee names like Goldman Sachs India, Nomura Funds Ireland PLC, Fidelity Investment Trust, SBI Mutual Fund, ICICI Prudential MF, Kotak MF, Aditya Birla MF, HDFC Mutual Fund, HDFC Life Insurance, Kuber India Fund, Pioneer Fund and UPS Global Trust; among others. It may be recollected that Barbeque Nation is backed by private equity investor, CX Partners and Alchemy Capital.

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