EAAA India Alternatives’ initial public offering has reached its third day, with the company having raised ₹360 crore from anchor investors ahead of the public issue.
Anchor investment precedes public issue
The ₹360 crore fundraise was completed before the public issue opened. Anchor investors are institutional investors who receive shares ahead of the broader offering.
The available information confirms the anchor investment but does not provide the IPO’s grey market premium or subscription figures for day three.
What investors know
For now, the disclosed amount is the key detail available on the offering. Further assessment of investor demand would require subscription data and other issue details, which have not been provided.