Sixth Sense India Opportunities II, promoted by former IDFC Securities star equity analyst Nikhil Vora, has fully subscribed to the anchor portion of the SME IPO of AVG Logistics. The fund has invested ₹9.41 crore, which accounts for the entire anchor investment portion and 28.47 per cent of the total issue size.
The company has proposed to issue 30.90 lakh equity shares to raise ₹33.06 crore in a price band of ₹105-107 a share. The minimum lot size is 1,200 equity shares. The issue opens on Wednesday and closes on April 3. It will be listed on the Emerge Platform of the NSE. Systematix Corporate Services is the Book Running Lead Manager.
