Three mutual funds emerged as the biggest buyers in Swiggy’s Rs 10,000 crore qualified institutional placement, holding more than a third of the total issuance. ICICI Prudential AMC, SBI Mutual Fund and Aditya Birla Sun Life Mutual Fund together picked up shares worth around Rs 3,700 crore during the QIP, according to allotment details.ICICI Prudential […]
Aditya Birla Capital witnessed a major block deal worth Rs 819 crore on Tuesday when Advent International’s arm Jomei Investments sold 2.66 crore shares of the financial services arm of Aditya Birla Group at Rs 308 per share on the NSE. The transaction saw strong institutional participation, with major investors such as Goldman Sachs Bank […]
SBI Optimal Equity Fund (AIF) and SBI Emergent Fund (AIF), managed by SBI Mutual Fund, have invested Rs 100 crore in eyewear retailer Lenskart Solutions Limited through a pre-IPO transaction at a transfer price of Rs 402 per equity share. The investment comes in advance of Lenskart’s IPO, which is scheduled for Friday, October 31, […]