Oman-India PE fund invests Rs100 crore in Prince Pipes IPO1 min read 20 Dec 2019, 10:49 AM IST
The PE investor picked up the stake through participation in the anchor allocation
OIJIF invested ₹50 crore in the anchor book of Prince Pipes IPO, while it bought the remaining stake worth ₹50 crore in a secondary purchase from promoters, filings show
MUMBAI : Private equity firm Oman India Joint Investment Fund (OIJIF) has picked up a 5% stake in Prince Pipes and Fitting Ltd for Rs100 crore in the ongoing initial public offering of the company, documents filed by the company show.
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