Comments
Bengaluru-based business services company Quess Corp raised approximately ₹180 crore by selling over 56.76 lakh shares to 15 anchor investors, including Fidelity Investments, Kuwait Investment Authority, ICICI Prudential MF, HDFC MF, Nomura, Harvard Management Co, DSP BlackRock and Wasatch. The share-sale took place at the upper end of the price band at ₹310-317 apiece, a day before the company’s public offer opened. Quess hopes to raise ₹400 crore from the public offer which it will use to repay debt, fund working capital requirements and capital expenditure.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.