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Business

Varmora Granito raises Rs 212 crore from anchor investors ahead of Rs 708 crore IPO

The Economic Times · 22 September 2026 at 6:29 am

Varmora Granito secured ₹212.4 crore from anchor investors on Monday.

This fundraising occurred a day before its ₹708-crore initial public offering.

The company allocated 1.43 crore equity shares to seventeen funds.

Goldman Sachs and ICICI Prudential Mutual Fund were among the key participants.

Other notable investors included Bandhan Mutual Fund and Bharti AXA Life Insurance.

Read the full article on The Economic Times ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.

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