Sunshine Pictures allocates 2,351,140 shares at ₹360 raising ₹84.64cr
Business
Sunshine Pictures raised ₹84.64 crore from nine anchor investors, including names like Innovative Vision Fund and Khandelwal Finance Pvt. Ltd. right before its IPO opens on August 18.
The company finalized the allocation of 2,351,140 equity shares at ₹360 each to these anchor investors, aiming to use the funds for working capital and general corporate needs.