Shriram Properties IPO anchor investors: Ahead of IPO, Shriram Properties garners Rs 268 cr from anchor investors

Shriram Properties on Tuesday mentioned it has raised slightly over Rs 268 crore from anchor traders forward of its preliminary share-sale, which opens for public subscription on Wednesday.

The corporate has determined to allocate 2,27,66,949 fairness shares to anchor traders at Rs 118 apiece, valuing the transaction measurement to Rs 268.64 crore, in response to a BSE round.