Navkar Corporation Limited – Completes Anchor Allocation

Navkar Corporation Limited which is tapping the capital markets with its IPO completed allocation to anchor investors. The company is offering shares in a price band of Rs147 to 155 and the issue opens on Monday the 24th of August and closes on Wednesday the 26th of August. The issue consists of a fresh offer of shares aggregating Rs 510 crs and an offer for sale of Rs 90crs, making a total of Rs 600 crs.

The company allocated a total of 1,16,12,902 shares at Rs 155 which is the top end of the price band. A sum of Rs 180 crs has been raised in the anchor allocation where 22 anchor investors comprising of 36 entities have been allotted shares.

The complete list of anchors and various entities is given below.

chart

Both comments and pings are currently closed.

Comments are closed.

Subscribe to RSS Feed Follow me on Twitter!