HomeNews News CL Educate raises Rs.72 cr from anchor investors ahead of its IPO CL Educate raises Rs.72 cr from anchor investors ahead of its IPO

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CL Educate raises Rs.72 cr from anchor investors ahead of its IPO

CL Educate raises Rs.72 cr from anchor investors ahead of its IPO

Saturday, March 18, 2017, 9:50 AM

CL Educate, engaged in the business of providing various educational products and services is in the limelight before its IPO. The company raised nearly Rs 72 cr from anchor investors or cornerstone investors by allotting them 14.28 lakh shares at Rs 502 a piece. The issue opens on March 20, 2017, and closes on March 22, 2017, allowing three days for its subscription.
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