VA Tech Wabag Limited which is tapping the capital markets with its IPO which opens on Wednesday the 22nd of September and closes on Friday the 24th of September for QIB’s and on Monday the 27th of September for HNI’s and retail today completed its anchor investor allotment.

What is interesting in the allotment is the sheer interest in the company and the fact that allotment has been made to as many as 26 entities. The total number of shares allotted to these 26 entities is 5,41,136 shares. The two key anchor investors are Emerging Market Management LLC – A/c EMSAF Mauritius who has been allotted 1,75,573 shares or 32.45% of the anchor allotment and Tree Line Asia Master fund (Singapore) PTE Ltd who has been allotted 1,06,870 shares or 19.75% of the anchor allotment. In fact of the balance as many as 24 entities have been allotted 2,58,693 shares.

The anchor allotment clearly shows the interest that is there among the investing public for this issue and the issue would do extremely well when it opens for subscription today.

A full list of the anchor investors list is given below: –