MapmyIndia raises Rs 312 cr from anchor investors at Rs 1,033 per share

33% of anchor book allocated to 9 mutual funds through 17 schemes

MapmyIndia has raised Rs 311.88 crore in its anchor book, ahead of its initial share sale that opens for public subscription on Thursday and closes on Monday.

Foreign portfolio investors including Fidelity, Nomura, Goldman Sachs, Morgan Stanley, Aberdeen, HSBC and White Oak were allocated equity shares by MapmyIndia in the anchor book.

Domestic mutual funds such as SBI, HDFC, ICICI Prudential, Birla, Nippon, Tata & Sundaram and life insurance companies such as HDFC Life and Tata AIA Life also participated in MapmyIndia’s anchor book.

The company informed the bourses that it has allocated 30,19,183 shares at Rs 1033 per share on Wednesday to