BC Asia Investments X Ltd in Wealth and Asset Control company 360 One Wam LTD can promote round 1.5 crore percentage thru block offers. This choice of stocks is the same as the corporate’s 3.7 % stake.
CNBCTV-18 has proven from resources that the stake gross sales may well be Rs 1740 crore. The ground worth for the deal is Rs 1160 according to percentage.
In keeping with the time period sheet, IIFL Capital Products and services and JP Morgan are running as e book runners for this deal. 360 One Wam used to be in the past referred to as IIFL Wealth and Asset Control Restricted. IIFL Wealth and Asset Control, IIFL Staff changed into a separate entity by way of Dimarj.
Now it covers folks with ultra-high-net-class within the identify of 360 One Wam. In Might 2019, IIFL made 3 other entities by means of setting apart IIFL Wealth Control and IIFL Securities from IIFL Finance. After the dysfunction, IIFL Wealth and Asset Control used to be indexed within the inventory markets in September 2019.
BC Asia Investments X Restricted is a different function automobile. In 2022, it gained as much as 24.98% in 360 One Wam from Basic Atlantic Singapore Fund Personal Restricted.
360 One Wam stocks closed at Rs 1221.10 on BSE on July 21. The corporate’s marketplace cap is greater than Rs 49300 crore. The inventory has climbed 137 % in 2 years and 28 % in 3 months.
The corporate had a 93.73 % stake within the corporate until the tip of June 2025. The percentage of 52 weeks on BSE is Rs 1317.25 and 52 weeks low is Rs 766.05.