May 20, 2013, 12.03 PM | Source: Moneycontrol.com
Mumbai-based Just Dial, which provides search services over phone and web, is looking to raise around Rs 822-950 crore from the primary market.
Mumbai-based company, which provides search services over phone and web, will raise anywhere between Rs 822-950 crore depending on the final issue price. The issue will close on May 22, 2013.
Also read: CRISIL assigns grade 5/5 to Just Dial IPO
The company has raised over Rs 208 crore through issue of 39.37 lakh equity shares to anchor investors including Goldman Sachs and HSBC.
Other anchor investors are Goldman Sachs India Fund, HSBC Bank (Mauritius) Ltd, Birla Sunlife Trustee Company Pvt Ltd, DSP Blackrock Opportunities Fund and Deutsche Securities Mauritius Ltd.
Retail investors will get a discount of 10 percent on the issue price. The offer constitutes 25 percent of the fully-diluted post offer paid up equity capital of the company.
Citi and Morgan Stanley are the book running lead managers to the issue.
Acccording to Yogesh Mehta of Motilal Oswal Securi
According to Rajat Bose of rajatkbose.com, one can
Ashwani Gujral of ashwanigujral.com is of the view
Mitessh Thakkar of miteshthacker.com suggests buyi
Motilal Oswal is bullish on Just Dial has recommen