These investors include Wells Fargo Emerging Markets Equity Fund, Florida Retirement System, Bajaj Allianz Life Insurance company among others.
The microfinance company has priced its shares for initial public offering in the range of Rs 853 to Rs 856 apiece which if subscribed at the top end will give it a market valuation of Rs 5,500 crore.
The offer of 93 lakh shares, including by early stage investors and by Padmaja Ganjireddy is open between August 5 and 7.
Its IPO comprises a fresh share sale for Rs 400 crore and an offer for sale for about Rs 800 crore.
Investors including Helion Venture Partners and Kedaara Capital would be selling in the offer.
The management is confident of growth despite hiccups faced by micro lenders over the years including a clamp down by Andhra Pradesh a few years ago and a series of farm loan waiver.
