L&T Finance Holdings Limited (LTFHL) which is tapping the capital markets with its issue to raise Rs 1,245crs in a price band of Rs 51-59, today completed its allocation to anchor investors. The company has allotted 2,73,30,300 shares at Rs 56 per share aggregating Rs 153,04,96,800. There are three firms having eight entities who have been allotted these shares. Malaysia’s Tioman Investments (Khazanah), DSPBlackrockand Capital International were the anchor investors.

Readers would recall that the company had done a pre-IPO placement of 6 cr shares at Rs 55 to Capital International. The price discovery has been done once again at Rs 56 and one hopes this completes the price discovery being done by the company. The issue opens for subscription on Wednesday the 27th of July and closes on Friday the 29th of July.

The full list of anchor investors is given below: –