New Delhi, Aug 5 () Initial public offering (IPO)-bound Sterling and Wilson Solar Ltd on Monday said it has raised Rs 1,406 crore from 27 anchor investors by allotting 1,80,28,846 equity shares at the upper band price of Rs 780 ahead of its initial issue that opens on August 6.
Among the 27 anchor investors, leading investors include Nomura India Investment Fund, Schroder International, and Abu Dhabi Investment Authority who have been allocated 16 per cent, 12.24 per cent and 8.82 per cent, respectively, of the total anchor book size, the firm said in a statement.
On August 1, Sterling said it will hit the bourses with its IPO to raise around Rs 3,125 crore on August 6.
