Tree House Education & Accessories Limited which is tapping the capital markets with its IPO which has opened today the 10th of August completed allocation to its anchor investors. The issue price band is Rs 135-153 and there is a discount of Rs 6 for retail investors. The company allocated 12,64,828 equity shares to three entities and two investors at the lower end of the price band considering the extreme volatility in the market. This should send a strong signal to investors that the company and its lead managers would be willing to accept the book being formed or bid in the lower quadrant of the price band.

The allotment has been made to three investors as follows: –