Just Dial Limited which is tapping the capital markets with its offer for sale of 174.97 lacs in a price band of Rs 470-543 completed the allocation to anchor investors. The company on Friday allotted a total of 39,36,925 shares at a price of Rs 530 to raise Rs 208.65 crs from 20 QIB’s and 15 entities. The issue would open on Monday the 20th of May and close on Wednesday the 22nd of May. The offer for sale would raise Rs 822.38 crs at the lower end of the price band of Rs 470 to Rs 950.11 crs at the upper end of the price band of Rs 543. Retail investors have been offered a flat discount of Rs 47 which is 10% at the lower end and 8.65% at the upper end. In addition there is a safety net for retail investors.

This issue has 75% reserved for QIB, 15% for HNI’s and 10% for retail investors. The full list of anchor investors is appended below: –