Knowledge Realty REIT raises Rs 1620 crore from anchor investors ahead of IPO; Jhunjhunwala among investors

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Knowledge Realty Trust REIT has garnered significant investor interest, raising Rs 1,620 crore from anchor investors like LIC and Jhunjhunwala Trust ahead of its IPO. The IPO, priced between Rs 95-100 per unit, aims to raise Rs 4,800 crore through fresh issuance. Proceeds will be used to reduce debt and for general corporate purposes.