The fundraise also saw capital infusion from the bank’s promoters and its 13 existing investors, including Sarva Capital, HDFC, IFC, IDFC Bank, Gaja
The REIT will also go out in the market to look at third party properties.
The proposed platforms for roads and renewable energy assets will see a total commitment of close to $2 billion.
Carlyle will fetch ₹652.3 crore for the shares it has put up for sale. The IPO values the company at about ₹4,400 crore. It will close on 5 April.
As part of this transaction, early investors Dvara Trust, LeapFrog Investments and Accion will partially sell their stake in the company.
Prudential, which holds a 28.82% stake in the life insurance company, has set a floor price of ₹300 for the OFS to fetch at least ₹1,598 crore.
The acquisition of LMG is in-line with KPTL’s stated objective of growth and greater geographical presence in stable and growing markets.
In January, Edelweiss closed its distressed assets focused fund EISAF II, raising a corpus of $1.3 billion.
EverSource Capital is the JV between Everstone Capital and global solar project developer Lightsource BP. It will invest through its Green Growth Equi
IPOs & Markets
On Friday, the REIT raised ₹1,743 crore by allocating units to institutional investors as part of its so-called anchor book allocation of the IPO.
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