PTC India Fin gets anchor investors at upper IPO band

PTC India Fin gets anchor investors at upper IPO band

Mumbai: PTC India Financial Services, a unit of PTC India , said on Wednesday it has roped in HSBC, Capital International Emerging Markets Fund and Emerging Markets Growth Fund as anchor investors for its IPO.

Anchor investors were alloted 23.5 million shares at a price of Rs28 per equity share, raising Rs658 million, it said.

The firm is selling 15.7 million shares in the IPO at a price band of Rs26-28 rupees to raise Rs4.4 billion.

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