Online trucking platform BlackBuck's early investors, including Quickroutes International, Tiger Global, Accel, and Sands Capital, are expected to clock 2-5x gains at the upper end of the price band in the startup's upcoming initial public offering (IPO), according to a Mint analysis.
Bengaluru-based BlackBuck expects to raise ₹550 crore in a fresh capital issue and sell up to 20,685,800 equity shares under the offer for sale (OFS) option. The ₹1,114.72 crore IPO was fully subscribed on Monday at 1.20 times. The portion set aside for qualified institutional buyers generated demand for 1.70 times the shares on offer.
Bu hikaye Mint Mumbai dergisinin November 19, 2024 sayısından alınmıştır.
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Bu hikaye Mint Mumbai dergisinin November 19, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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