Sona BLW Precision Forgings Ltd (Sona Comstar) has raised Rs 2,498 crore from anchor investors, ahead of its initial public offer, which opens for subscription on Monday. PowerGrid InvIT and SBI Cards raised Rs 3480 crore and Rs 2769 crore, respectively, from anchor investors.

The auto components major allocated 8.6 crore shares at Rs 291 apiece to 42 anchor investors, aggregating the total to Rs 2,498 crore, according to a circular uploaded on the BSE website.

The government of Singapore Investment Corporate (GIC) and Monetary Authority of Singapore (MAS) together invested Rs 401.5 crores in the anchor book.

Marquee foreign portfolio investors such as Nomura Asset Management, Fidelity, Eastspring Investments, Goldman Sachs Asset Management, Amundi participated significantly in the anchor book.

Marquee domestic investors include SBI MF, Axis MF, Birla MF, HDFC MF, Mirae Asset MF, SBI Life Insurance, Kotak MF, Kotak Life Insurance, Birla Life Insurance, Max Life Insurance, Bharti Axa, Invesco MF, Canara Robeco MF, Sundaram MF, IIFL, Bank of Baroda MF and Edelweiss amongst others.

The IPO comprises fresh issuance of equity shares, aggregating up to Rs 300 crores and an offer for sale of equity shares aggregating up to Rs 5,250 crores, by the selling shareholder, Singapore VII Topco III Pte. Ltd.