India: D-Mart raises $84.15m from anchor investors at upper end of IPO price band

Photo: Mint

Avenue Supermarts, the parent of the D-Mart chain of food and grocery supermarkets, on Tuesday said that it has raised Rs561 crore ($84.15 million) by allotting shares to anchor investors as part of the so-called anchor book allocation, a day ahead of its initial public offering (IPO).

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