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Dharmaj Crop Guard raises Rs 75 crore via anchor book ahead of IPO

The initial public offering of Dharmaj Crop Guard will open for subscription on November 28 and the closing date will be November 30.

November 25, 2022 / 09:28 PM IST
Dharmaj Crop Guard IPO

Dharmaj Crop Guard IPO

  • bselive
  • nselive
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Agrochemical company Dharmaj Crop Guard on November 25 has mobilised Rs 74.95 crore via anchor book ahead of its initial public offering (IPO).

The company, in its BSE filing, said it has finalised allocation of 31.62 lakh equity shares to anchor investors, at Rs 237 per share.

Three investors - Elara India Opportunities Fund, Rajasthan Global Securities, and Resonance Opportunities Fund - invested in the company via anchor book.

Elara India Opportunities Fund bought shares worth Rs 34.94 crore, Rajasthan Global Securities purchased Rs 25 crore shares, and Resonance Opportunities Fund Rs 15 crore shares.