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Sachin Tendulkar-backed Azad Engineering raises Rs 221 crore from 20 anchor investors on IPO eve
Credit: IndiaTimes- Published on December 19, 2023
Cricketing legend Sachin Tendulkar-backed Azad Engineering has raised Rs 221 crore from anchor investors on the eve of its Rs 740-crore IPO. The IPO, which opens on December 20, has already been subscribed to nearly 30%. The anchor investors include Abu Dhabi Investment Authority, Nomura Funds Ireland, and Ashoka India Equity...
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