Aequs IPO, Dec. 2 -- Contract manufacturing firm Aequs announced on Tuesday that it has raised Rs.414 crore from anchor investors ahead of its initial public offering (IPO).

The company allocated a total of 3.34 crore equity shares to 33 funds to the anchor investors at an allocation price of Rs.124 per share, raising Rs.413.92 crore.

The anchor book drew participation from both domestic and international institutional investors, such as SBI Mutual Fund (MF), HDFC MF, ICICI Prudential MF, Axis MF, Motilal Oswal MF, BlackRock Global Funds, Steadview Capital, and Citigroup, according to a circular uploaded on BSE's website.

On Tuesday, December 2, the grey market premium (GMP) of the Aequs IPO stood at Rs.45 per share. With the upper pri...