Afcons Management and other SP Group Companies, also participating in the fundraise, has collectively put in 38 Cr
FinTech BizNews Service
Mumbai, 20 October, 2024: Afcons has raised Pre-IPO Monies from some marquee Names. Details are available in the RHP on Pg 4 and Pg 135,136.* This is very good and reposes a lot of faith 
• GIC Singapore around 756 crs
• Enam Holdings i.e Akash Bhansali – 400 crs
• Synergy Capital – 400 crs
• 360 One i.e IIFL Wealth – 200 crs
• Quant MF – 200 crs
• M&G Investments- 175 crs
• Think Investments – 175 crs
• Discovery Capital Management – 170 crs
• SBI General Insurance – 100 crs
• Artian Investment from Arcelor Mittal – 100 crs
• Madhu Kela – 70 crs
• White Oak- 35 crs
• Alchemy i.e Lashit and Neha Sanghvi – 30 crs
• Nuvama – 25 crs
*Important to note that Afcons Management and other SP Group Cos also participating in the fundraise has collectively put in 38 crs*
Total Fund raise prior to the IPO is 2967 crs at a price of Rs 463 per share. Total IPO size is now Rs 5430 crs. OFS has reduced Fresh issue remains the same.
