GTPL Hathway Limited – Completes Anchor Allocation

GTPL Hathway Limited which is tapping the capital markets with its simultaneous offer completed allocation to anchor investors. The issuew consists of a fresh issue to raise Rs 240 crs and an offer for sale of 1.44 cr shares in a price band of Rs 167-170. The company allotted shares to 6 anchor investors comprising of 11 entities. Two domestic funds were allotted 32.32% of the anchor allotment of 85,55,294 shares.

The issue is overtly prices as the results for the year ended March 2016 and nine months ended December 2016 show a huge difference between IND(AS) and Indian GAAP. One is unable to reconcile the same even from the document.

The full list of anchor allotment and the entities is given below: –

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