Business News

World Bank’s IFC, HDFC AMC invest in Molbio Diagnostics’ Rs 281 crore IPO anchor round

FinSiddhi

Molbio Diagnostics raised Rs 281 crore from anchor investors, including World Bank Group’s IFC and HDFC Mutual Fund, ahead of its Rs 940 crore IPO opening on August 10. The Goa-based unicorn also saw Rs 160 crore in secondary deals, with major brokerages recommending a Subscribe rating for the issue.
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