Bajaj Corp which is tapping the capital markets with its IPO in a price band of Rs 630-660 completed its allocation to anchor investors. There are 12 entities who have been allotted 8,10,000 shares at a price of Rs 650 per share having a face value of Rs 5 each.
The issue closes for QIB bidders on Wednesday the 4th of august and for other bidders on the 5th of August.
Details of the allocation are given below.
Sr. No. | Applicant | No. Of Equity Shares Allocated | % of Anchor Investor Portion |
1 | Reliance Capital Trustee Co Ltd. A/C Reliance Regular Saving Fund – Balance Option | 153,847 | 19.00% |
2 | ICICI Prudential Emerging Star (Stock Targeted at Returns) Fund | 153,847 | 19.00% |
3 | Axis MF Trustee Ltd. A/C Axis Mutual Fund a/c Axis Income Saver | 19,231 | 2.40% |
4 | Axis MF Trustee Ltd. A/C Axis Mutual Fund a/c Axis Tax Saver Fund | 19,231 | 2.40% |
5 | Axis MF Trustee Ltd. A/C Axis Mutual Fund a/c Axis Equity Fund | 96,154 | 11.90% |
6 | Axis MF Trustee LTD. A/C Axis Mutual Fund a/c Axis Triple Advantage Fund | 19,231 | 2.40% |
7 | ICICI Prudential Life Insurance Co Ltd. | 104,615 | 12.90% |
8 | PI Oppurtunities Fund I | 53,846 | 6.60% |
9 | Copthall Mauritius Investment Ltd. | 52,306 | 6.50% |
10 | Templeton Mutual Fund A/C Franklin FMCG Fund | 12,154 | 1.50% |
11 | Franklin India Smaller Companies Fund | 48,615 | 6.00% |
12 | Goldman Sachs India Fund Ltd. | 76,923 | 9.50% |
Total | 810,000 | 100% |