Bajaj Corp completes allocation to Anchor investors

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%
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