As BlackBuck prepares for its upcoming IPO, the logistics unicorn has successfully raised INR 501.33 crore in an anchor round, allotting 1.83 crore equity shares at a price of INR 273 each. Nomura emerged as the lead investor, contributing INR 67.87 crore and securing 24.86 lakh shares, showing a significant commitment to BlackBuck’s growth trajectory.
Beyond Nomura, three major domestic mutual funds joined the anchor round, collectively investing INR 167.60 crore for a total of 61.39 lakh shares. This robust support from both domestic and global investors demonstrates market confidence in BlackBuck’s business model and long-term potential within India’s logistics sector. The capital infusion provides BlackBuck with a strategic financial buffer, positioning it advantageously for further expansion and IPO readiness.
Credit: This article is based on information from BlackBuck’s anchor investment announcement and insights from industry reports.
Key Highlights:
- BlackBuck raised INR 501.33 crore from anchor investors at INR 273 per share.
- Lead investor Nomura acquired 24.86 lakh shares for INR 67.87 crore.
- Three domestic mutual funds invested INR 167.60 crore collectively.