Anawil Wire and Engineering raises over Rs 50 crore from 19 anchor investors ahead of IPO

Anawil Wire and Engineering raised over Rs 50 crore from 19 anchor investors ahead of its IPO.

Abakkus Venture Opportunities Fund and Carnelian AIF Category I Trust-Scheme 1 each acquired 2.59 lakh shares worth Rs 7 crore as the largest anchor investors.

The anchor investment precedes the company's IPO, which is expected to open for subscription.