One of the largest pharmacy retailer MedPlus raised ₹418 crores from anchor investors on December 10, 2021 Friday before the IPO. The MedPlus IPO is to open on December 13, Monday. The company allotted a total of 52,51,111 equity shares to 36 Anchor investors at an upper price band of ₹796. The anchor investors list includes 7 Mutual Funds through a total of 18 schemes. The company is going to raise ₹1398 crores. Check out the final list of MedPlus Anchor Investors given below:
MedPlus Anchor Investors List:
The MedPlus IPO to open on 13 December and closes on 25 December 2021. The price band is fixed at ₹780 to ₹796. MedPlus IPO application minimum bid is for 18 Shares (₹14,328) and maximum bid is 234 shares (₹186,264). The Book Running Lead Managers of the IPO are Axis Capital Limited, Credit Suisse Securities (India) Private Limited, Edelweiss Financial Services Limited, Nomura Financial Advisory and Securities (India) Private Limited.