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Sai Silks Raises Rs 360.3 Crore From Anchor Investors Ahead Of IPO

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Summary
Nutrition label

80% Informative

Ethnic apparel retailer Sai Silks ( Kalamandir) Ltd. raised Rs 360.3 crore from anchor investors ahead of its IPO.

The ethnic apparel retailer has allotted nearly 1.62 crore shares at Rs 222 per share to 26 anchor investors.

The investors included SBI Multicap Fund , ICICI Prudential Flexicap and Kotak Smallcap Fund.

VR Score

90

Informative language

94

Neutral language

95

Article tone

formal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links