25.08.2015 - Abu Dhabi SWF among anchors in Navkar IPO
Abu Dhabi Investment Authority, one of the sovereign wealth funds of UAE representing the emirate of Abu Dhabi, is among the anchor investors that have together invested Rs 173 crore in Raigad-based logistics company Navkar Corporation Ltd, as part of an initial public offer (IPO) of the company. Navkar Corporation, which provides container freight station services and trading activities, allocated 11.6 million equity shares to a total of 15 anchor investors at a share price of Rs 155 equity share. The anchor investors included Morgan Stanley Mauritius Company, Ashburton India Equity Opportunities Ltd, Nomura Singapore, IDFC Fund, HDFC Infrastructure Fund, Franklin India Smaller Companies Fund, Prime India Opportunity Fund and Amundi Funds, among others...............................................Full Article: Source
Print