Equitas Holdings Limited which is tapping the capital markets with its simultaneous fresh issue for Rs 720 crs and a secondary offering to raise Rs 1,455 crs completed allocation to anchor investors. There are 16 anchor investors comprising of 63 entities and they were allotted shares at Rs 110 which is the top end of the band of Rs 109-110.
The issue opens today i.e. Tuesday the 5th of April and closes on Thursday the 7th of April. The issue is expected to garner excellent response considering the fact that headroom has been created for FII’s to enter the company post listing of shares. The FII holding will reduce from the current 93% pre-issue to 35% post issue and FII’s are allowed to buy upto 49%.
The complete list of anchor investors is given below: –