Company has managed to raise Rs. 243.99 crore from 14 anchor investors a day prior to its Issue Opening. The company informed the bourses that it has allocated 2,59,57,446 shares at Rs. 94 per share on February 15, to the anchor investors.
5 Foreign Portfolio Investors who participated in the anchor were- UK based, Aurigin Capital via its Aurigin Master Fund and Utilico Emerging Markets Trust, Reliance Capital managed, Cohesion MK Best Ideas Sub-Trust, Singapore based Integrated Core Strategies Asia Goldman Sachs India
Amongst the domestic investors, HDFC Life Insurance picked up the largest allocation of 14.34% for Rs 34.99 crs , followed by Nippon Life MF who picked up 12.29% amounting to Rs 29.99 cr. Other domestic institutions who were allocated shares were- ICICI Prudential MF across 4 schemes HDFC MF across 4 schemes IIFL Mutual Fund via its Focused Equity Fund Tata Mutual Fund via its Digital India Fund Edelweiss Mutual Fund across 4 schemes
Total 244 crores. Received tjrough anchor investors 1) goldmansachs 2) hdfc life insurance company 3)Nippon life india trustee 4)icici pru midcap fund 5) hdfc trustee company 6) aditya Birla Sun Life isurance 7)iifl focussed equity fund 8) Edelweiss truatee ship .... And so on
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February 15, 2021 6:21:14 PM
Top Contributor (500+ Posts, 100+ Likes)
off the topic,,,,
Engineers india buyback amount credited,, without brokerage
I want to buy 1000 shares under this IPO. But is that possible since estimated over subscription under NII category is huge. I think I will have to wait till listing date. Any suggestions ??
I meant allocation of 1000 shares from the ipo. I can apply 100 lots under NII category but I think still can''t get 1000 shares since estimated over subscription under NII category is huge. Any suggestions ??