Adani Power Limited completed its anchor investment allocation. It allocated 5.28 cr shares which forms 60% of the QIB portion and 18% of the total issue to six investors at a price of Rs 95. There is a condition in the IPO which says that you cannot allot to anchor investors at a lower price than the other investors. However anchor investors can be allocated at a higher price. The company can therefore allot shares to the remaining investors who apply in the IPO at a price from Rs 90 to 100 which is the price band, but in all probability the allotment price now looks closer to Rs 95 as it may not be possible to charge a higher price to these investors today.