This article authored by me on Sapphire Foods LTD in BIZZ BUZZ
One 97 Communications Limited – Completes Anchor allocation
One 97 Communications Limited, the company which own the brand Paytm completed allocation to anchor investors. The company is tapping the capital markets with its fresh issue to raise Rs 8,300 crs and an offer for sale of Rs 10,000. The total issue size would be Rs 18,300 crs making it the largest issue ever to hit the Indian Capital Markets. The price band is Rs 2,080-2,150.

The company on Wednesday allotted 3,83,02,326 shares at Rs 2,150 to 122 entities. The anchor allocation raised Rs 8,235 crs. The highest allocation was made to Canada Pension Plan Investment Board who was allotted 43,61,964 shares or 11.4% of the anchor allocation. This was followed by Blackrock Global Funds who were allotted 40,38,030 shares or 10.5% of the anchor allocation. Four domestic mutual funds were allotted 48,85,386 equity shares or 12.8% of the anchor book. These were Aditya Birla, HDFC, Mirae Asset and BNP Paribas. The top two anchor investors were allotted 21.9% of the anchor book.
Full details of the anchor allocation with shares allotted is given below: –






Sigachi Industries Limited – Issue subscribed 101.91 times
Sigachi Industries Limited which had tapped the capital markets with its fresh issue for 76.95 lac shares in a price band of Rs 161-163 was subscribed 101.91 times. The company had earlier completed allocation to anchor investors. The issue had opened on Monday the 1st of November and closed on Wednesday the 3rd of November.

The company allotted 23,08,500 equity shares amongst two anchor investors equally. They are 3 Sigma Global Fund and Nexus Global Opportunities Fund Limited which were each allotted 11,54,250 shares at the top end of the price band of Rs 163.
The QIB portion was subscribed 86.51 times, HNI portion was subscribed 172.43 times and Retail portion was subscribed 80.49 times. The overall issue was subscribed 101.91 times. There were 20,72,674 application and on basis of lots, retail portion was subscribed 69.26 times.
Full details of the subscription are given below: –
Sigachi Subscription
| Bucket Size | Shares Applied for | Times Oversubscribed | |
| QIB | 1539000 | 133137000 | 86.51 |
| HNI | 1154250 | 199031670 | 172.43 |
| Retail | 2693250 | 216786150 | 80.49 |
| Total | 5386500 | 548954820 | 101.91 |



