India, July 22 -- Managed workspace solutions provider IndiQube has raised INR 314.3 Cr from anchor investors a day before its initial public offering opens for bidding.

Anchor investors subscribed to 1.3 Cr equity shares of the company at a price of INR 237 apiece.

Eight domestic mutual funds, through a total of 21 schemes, were allotted 89.2 Lakh shares of IndiQube for a cumulative INR 211.7 Cr. Groww, Edelweiss, BNP Paribas, Aditya Birla Sun Life, and Motilal Oswal were among these mutual funds.

Other investors in the anchor round included Axis Max Life Insurance, Societe General, Invesco and Whiteoak.

IndiQube has set a price band of INR 225 to INR 237 for its IPO, which will open tomorrow and close on July 25 (Friday). The public...