Coworking space provider DevX (Dev Accelerator Ltd) has raised INR 63.2 Cr from anchor investors ahead of its initial public offering (IPO). The company allotted over 1 Cr equity shares at INR 61 apiece to eleven anchor investors.
Finavanue was the largest investor in DevX’s anchor round, investing over INR 10 Cr for 16.4 Lakh shares. Sunrise Investment was the second biggest investor, buying 11.7 Lakh shares for INR 7.2 Cr.
Other investors partaking in the anchor round include SB Opportunities Fund II, Meru Investment Fund PCC, Abans Finance, and Chattisgarh Investments.
(The story will be updated soon)
The post DevX Raises INR 63 Cr From Anchor Investors Ahead Of IPO appeared first on Inc42 Media.
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