Key Points
Mumbai: Divgi TorqTransfer, an auto component maker backed by Infosys cofounder Nandan Nilekani, on Tuesday listed at 620, a 5.1% premium over its initial public offer price of 590 a piece..
The 412-crore IPO comprised a fresh share issue of 180 crore and an offer for sale of 3.93 million shares by existing shareholders..
In a pre-IPO share sale, the company raised 185.45 crore from 12 anchor investors, including Matthews Asia Funds, Aurigin Master Fund, ICICI Prudential, Nippon Life India Trustee, Aditya Birla Sun Life Insurance, and Quant MF, among others...
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