India: Apex Foods raises $6.8m from anchor investors ahead of IPO

India: Apex Foods raises $6.8m from anchor investors ahead of IPO

Photo: Aniruddha Chowdhury/Mint

Aquaculture company Apex Frozen Foods Ltd said on Monday it has raised Rs43.58 crore by selling shares to institutional investors as part of the so-called anchor book allocation, a day ahead of the opening of its initial public offering (IPO).

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