India: IRB Infrastructure InvIT raises $327m from anchor investors ahead of IPO

India: IRB Infrastructure InvIT raises $327m from anchor investors ahead of IPO

Photographer: Dhiraj Singh/Bloomberg

IRB Infrastructure Developers’ infrastructure investment trust (InvIT) on Tuesday allotted units worth Rs2,094.5 crore (US$327 million) to anchor investors ahead of its initial public offering (IPO) which opens on Wednesday.

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