ICICI Prudential Life Insurance Company Limited (ICICI Pru) which is tapping the capital markets with its offer for sale of 18.13 cr shares in a price band of Rs 300-334 completed allocation to anchor investors. The company allotted 4.89 cr shares to 38 anchor investors comprising of 69 entities. The allocation was made at the top end of the price band.

The issue opens on Monday the 19th of September and closes on Wednesday the 21st of September. The highest allocation was made to Morgan Stanley Mauritius who was allotted 62.11 lac shares or 12.7% of the anchor allocation. This is India’s first pure play insurance company offering and ICICI Pru is one of the largest private players in the sector. The company is being valued at a market cap of between Rs 43,059 cr to 47,940 crs.

The full list of anchors with their allotment is given below: –