Bajaj Life Insurance participates in HD Fire Protect Ltd IPO anchor round
2 reports, 1 independent
Updated Oct 13
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What happened
Bajaj Life Insurance participated in the anchor investor round for the HD Fire Protect Ltd initial public offering. The company raised ₹213.11 crore from anchor investors ahead of the IPO, which is scheduled to open on October 13 and close on October 15. The IPO has a fixed price band of ₹258-271 per share.
From livemint.com
Why it matters
The anchor investor round saw significant participation from domestic institutional investors. Domestic mutual funds accounted for 71.88% of the total allocation, indicating strong institutional interest in the public issue.
From livemint.com
Who's involved
- Bajaj Life InsuranceParticipated as an anchor investor in the HD Fire Protect Ltd IPO
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The entities involved
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Bajaj Life Insurance
Indian life insurance company
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