Standard Chartered Bank PLC: Anchor Investors allotted IDR’s at Rs 104

Standard Chartered Bank PLC which is tapping the capital markets with India’s first IDR issue from Tuesday the 25th of May to Friday the 28th of May today allotted 3.6 cr IDR’s at a price of Rs 104. The issue is for a total of 24 cr IDR’s in a price band of Rs 100-115. There are a total of 16 entities but effectively six funds who have been allotted these shares.

Name Of Anchor Investor No of IDRs allocated % of Anchor Investor Portion
ICICI Prudential Discovery Fund 4,807,000 13.50%
ICICI Prudential Infrastructure Fund 4,807,000 13.35%
Sundaram BNP paribas tax saver(open ended) Fund 1,245,200 3.46%
Sundaram BNP paribas select thematic FDN-FIN services opport 167,350 0.46%
FT-Franklin India Prima Plus 1,700,000 4.72%
FT-Franklin India High Growth 1,000,000 2.78%
FT-Franklin India Flexi Cap 2,107,850 5.86%
Birla MF-Dividend Yield Plan 961,550 2.67%
Birla MF-Front Line Equity 2,596,100 7.21%
HDFC MF-Montly Income Plan Long Term Plan 1,412,500 3.92%
HDFC MF-HDFC Equity Fund 1,826,900 5.07%
HDFC MF-HDFC Prudence Fund 2,791,650 7.75%
Relaince Capital Trustee Company Limited A/C Relaince Growth Fund 3,846,200 10.68%
Relaince Capital Trustee Company Limited A/C Relaince Vision Fund 2,403,800 6.68%
Relaince Capital Trustee Company Limited A/C Relaince Equity Opportunities Fund 2,403,800 6.68%
Relaince Capital Trustee Company Limited A/C Relaince Tax Saver(ELSS) Fund 1,923,100 5.34%
Total 36,000,000 100%
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