Out of the total allocated shares to anchor investors, about 52,54,614 equity shares (i.e., 45.36 per cent shares) were allocated to 10 domestic mutual funds, amounting to Rs 433.50 crore
FMCG division had a strong year with 16 per cent sales growth and its margin improvement journey continued with fourth consecutive year of 150bp plus margin expansion.
The issue proceeds will be used mainly for repayment of debt. As stated in the DRHP, the company may consider a discount for eligible employees bidding for the reservation portion.
