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KKR-backed LEAP India raised Rs 371.3 crore through a pre-IPO placement, selling 2.34 crore shares at Rs 159 apiece. The round saw participation from GIC subsidiary Gamnat Pte Ltd, Dymon Asia and promoter-linked Matyas Possessiones. Gamnat received shares worth Rs 280 crore.
GIC subsidiary and promoter Sunu Mathew lead LEAP India’s pre-IPO placement round
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KKR-backed LEAP India raised Rs 371.3 crore through a pre-IPO placement, selling 2.34 crore shares at Rs 159 apiece. The round saw participation from GIC subsidiary Gamnat Pte Ltd, Dymon Asia and promoter-linked Matyas Possessiones. Gamnat received shares worth Rs 280 crore.
Key Highlights
KKR-backed LEAP India raised Rs 371.3 crore through a pre-IPO placement, selling 2.34 crore shares at Rs 159 apiece.
The round saw participation from GIC subsidiary Gamnat Pte Ltd, Dymon Asia and promoter-linked Matyas Possessiones.
Gamnat received shares worth Rs 280 crore..
Source
Economic Times
Published
2h ago
Impact Score
75 / 100
Category
Capital Markets
Moderate near-term volatility expected while markets assess implications for Capital Markets.
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