Saatvik Green Energy raises ₹269 crore from anchor investors ahead of ₹900 crore IPO
Saatvik Green Energy has raised ₹269.4 crore from anchor investors ahead of its IPO. The company informed the bourses today that it had allocated 57,93,547 equity shares of ₹465 each to anchor investors per equity share (including a share premium of ₹463 per equity share).
The issue is set to open for bidding tomorrow, September 19, and will remain open until Tuesday, September 23. The issue size is ₹900 crore, consisting of a fresh issue of 1.51 crore shares aggregating to ₹700 crore and an offer for sale of 0.43 crore shares aggregating to ₹200 crore.
