Abu Dhabi Investment Authority

Ipo: Mamaearth raises Rs 765 crore from anchor investors ahead of IPO

31Oct

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Ipo: Mamaearth raises Rs 765 crore from anchor investors ahead of IPO

NEW DELHI: Honasa Consumer, the parent company of Mamaearth has raised Rs 765.2 crore from 49 anchor investors ahead of its initial public offering (IPO) launch on October 31. Smallcap World Fund, Fidelity Funds, Abu Dhabi Investment Authority, Goldman Sachs among others invested in the company via the anchor book. For the anchor portion, the firm has allocated 2.36 crore shares at Rs 324 apiece.The company has also allocated shares worth Rs 253.6 crore to domestic mutual funds.“Seven Domestic Mutual Funds have applied through a total of 19 schemes,” the company said in an exchange filing.Mamaearth’s IPO consists of a fresh issue of shares worth Rs 365 crore and an offer for sale (OFS) of up to 4.12 crore shares. Those offering shares in the OFS include promoters and founders Varun Alagh ...

Reliance Retail to raise Rs 4,966.80 crore from Abu Dhabi Investment Authority

NEW DELHI: Mukesh Ambani's Reliance Retail Ventures said on Friday that Abu Dhabi Investment Authority (ADIA) would invest Rs 4,966.80 crore ($597.58 million) in the company at a valuation of $100.8 billion.The investment by ADIA will translate into a stake of 0.59% in the company, the retail unit of oil-to-retail conglomerate Reliance Industries said in a regulatory filing.Reliance Retail has attracted investments from private equity firm KKR & Co and Qatar Investment Authority (QIA) in recent months.!(function(f, b, e, v, n, t, s) { function loadFBEvents(isFBCampaignActive) { if (!isFBCampaignActive) { return; } (function(f, b, e, v, n, t, s) { if (f.fbq) return; n = f.fbq = function() { n.callMethod ? n.callMethod(...arguments...

Mukesh Ambani’s Reliance Retail Ventures to raise $598 million from ADIA

Indian billionaire Mukesh Ambani's Reliance Retail Ventures said on Friday Abu Dhabi Investment Authority would invest 49.67 billion rupees ($597.58 million) in the company at a valuation of $100.8 billion. The investment by ADIA will translate into a stake of 0.59% in the company, the retail unit of oil-to-retail conglomerate Reliance Industries said in a regulatory filing. Reliance Retail, which has more than 18,000 stores and competes with Amazon and Walmart's Flipkart, has attracted investments from private equity firm KKR & Co and Qatar Investment Authority (QIA) in recent months. Reuters had reported last month that Reliance was in advanced talks with global investors to raise around $2.5 billion ahead of a potential stock mark...