Alkem Laboratories Limited completes Anchor Allocation

Alkem Laboratories Limited which is tapping the capital markets with its offer for sale of 128.53 lac shares completed allocation to anchor investors yesterday. The company allotted 37,66,358 shares at the top end of the band at Rs 1,050 to 25 anchor investors comprising of 47 entities. The list includes almost all the local funds and a host of international ones. The issue which has a price band of Rs 1020-1050, opens today and closes on Thursday the 10th of December.

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