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Asia

Dhoot Transmission raises Rs 918 crore from 72 anchor investors ahead of Rs 3,067-crore IPO

Markets-Economic Times · 2h ago · 🇮🇳 India

Dhoot Transmission raises Rs 918 crore from 72 anchor investors ahead of Rs 3,067-crore IPO

Dhoot Transmission has raised Rs 918 crore from 72 anchor investors ahead of its Rs 3,067-crore IPO, with domestic mutual funds accounting for 61.27% of the anchor allocation. The company will use the proceeds to repay debt, fund expansion and pursue acquisitions.

Read the full story at Markets-Economic Times →

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