CEBBCO IPO completes Anchor Investor allocation

Commercial Engineers & Body Builders Company Limited (CEBBCO) which is tapping the capital markets with its IPO completed allocation to anchor investors on Wednesday the 29th of September. The company plans to raise Rs 153 crs from a fresh issue and there is an offer for sale of 15,28,587 shares by existing investors as well. The price band is Rs 125-127 and the issue opens on Thursday the 30th of September and closes on Tuesday the 5th of October for all investors.

The company would be raising roughly 172 crs considering the fresh issue and offer for sale.

Allocation of 24,43,649 shares have been allotted at the top end of the price band of Rs 127 to 9 entities which include names like Jardine Fleming, Legg Mason, Kotak Mahindra and the Government of Singapore are investors.

The complete list of Anchor Investors is as follows: –

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