Performance of Newly Listed Shares as on 28th January 2022

Name Date of Listing Issue Price Closing Price Closing Price % Gain Loss % Change Over
      280122 210122 Over Week lssue Price
One 97 Communications Limited 18th November 2150.00 903.25 959.90 -5.90 -57.99
Sapphire Foods Limited 18th November 1180.00 1317.40 1380.90 -4.60 11.64
Latent View Limited 23rd November 197.00 492.85 552.45 -10.79 150.18
Tarsons Products Limited 26th November 662.00 656.15 693.10 -5.33 -0.88
Go Fashion (India) Limited 30th November 690.00 969.35 1074.70 -9.80 40.49
Star Health and Allied Insurance 10th December 900.00 797.95 817.95 -2.45 -11.34
Tega Industries 13th December 453.00 514.50 554.80 -7.26 13.58
Anand Rathi Wealth Limited 14th December 550.00 592.70 603.65 -1.81 7.76
Rate gain Travel Technologies Limited 17th December 425.00 370.40 431.55 -14.17 -12.85
Shriram Properties Limited 20th December 118.00 101.65 110.05 -7.63 -13.86
C.E.Info Systems Limited 21st December 1033.00 1351.35 1606.85 -15.90 30.82
Metro Brands Limited 22nd December 500.00 614.35 603.20 1.85 22.87
Medplus Health Services Limited 23rd December 796.00 1098.20 1219.65 -9.96 37.96
Data Patterns Limited 24th December 585.00 739.50 755.75 -2.15 26.41
H P Adhesives Limited 27th December 274.00 392.60 420.05 -6.53 43.28
Supriya Life Science Limited 28th December 274.00 462.50 465.80 -0.71 68.80
CMS Info Sytem Limited 31st December 216.00 263.50 276.15 -4.58 21.99

This article authored by me on Adani Wilmar IPO in BIZZ BUZZ

Adani Wilmar Limited – Completes Anchor Allocation

Adani Wilmar Limited who is tapping the capital markets with its fresh issue of Rs 3,600 crs, completed allocation to anchor investors. The company allotted 4,08,65,217 shares at the top end of the price band of Rs 230 to 11 anchor investors comprising of 15 entities. The price band is Rs 218-230 and the issue opens on Thursday the 27th of January and closes on Monday the 31st of January.

The highest allocation was made to the Government of Singapore was allotted 1,60,27,180 shares or 39.22% of the anchor book. Its associate, the Monetary Authority of Singapore was allotted 35,38,015 shares or 8.66% of the anchor book. Together, the two entities were allotted 1,95,65,095 shares or 47.88% of the anchor book. This kind of allotment is unparallel in recent times and speaks volumes of the comfort that the Singapore government has in its company Wilmar International owns an equal share in the company that Adani owns in Adani Wilmar Limited.

This was followed by four entities being allotted an identical 32,60,855 shares or 7.98% of the anchor book. These entities were Nippon mutual fund, Jupiter India Fund, Winro Commercial (India) Limited, and Dovetail India Fund Class 6 shares. This was followed by HDFC Mutual fund who was allotted 7.45% of the anchor book.

Three domestic funds were allotted 16.81% of the anchor book. The top six anchor investors were allotted 87.25% of the anchor book. It is a very concentrated anchor book and considering the size did not allow any leeway to funds to bargain.

The commitment from Singapore government sealed the issue for the company and saw its anchor issue raising just under Rs 940 crs quite easily. Whether this anchor would enthuse investors or make them complacent only time will tell.

Full details of the anchor investors with their allotment are given below: –

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