Runwal Enterprises, German Green Steel and Power raise ₹149 crore, ₹91 crore from anchor investors
German Green Steel and Orient Cables were fully subscribed on Day 1, while Runwal Enterprises and Ace Vector saw a modest response
On Friday, four companies launched initial public offerings (IPOs) that garnered varying degrees of investor interest. Runwal Enterprises, a real estate firm, and German Green Steel and Power, an iron and steel manufacturer, saw relatively modest responses, while Orient Cables and Ace Vector attracted more significant attention.
Runwal Enterprises and German Green Steel and Power raised anchor investor funds of ₹149 crore and ₹91 crore, respectively, while Ace Vector raised ₹189 crore and Orient Cables secured ₹165.6 crore.
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