Sigachi Industries Limited which is tapping the capital markets with its fresh issue for 76.95 lac shares in a price band of Rs 161-163 completed allocation to anchor investors. The issue opens on Monday the 1st of November and closes 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.

Anchor allocation letter to be attached: –

Fino Payments Bank Limited has tapped the capital markets with its fresh issue of Rs 300 crs and an offer for sale of 1,56,02,999 equity shares in a price band of Rs 560-577. The issue would garner Rs 1200.29 crs at the top end of the band. The issue has opened on Friday the 29th of October and would close on Tuesday the 2nd of November. Earlier it had completed allocation to anchor investors.

The company has allotted 93,37,641 equity shares to 13 anchor investors comprising of 29 entities. This includes 5 domestic mutual funds comprising of 17 entities who were allotted 39.05% of the anchor allocation. The top allocations were made to Fidelity who was allotted 16.67% of the anchor book followed by Pinebridge who was allotted 15.75%. This was followed by the domestic funds led by Aditya Birla who was allotted 12.96% and Motilal Oswal who was allotted 9.44%. The top four anchor investors were allotted 54.82% of the anchor book.

Full details of the anchor allocation are given below: –

SJS Enterprises Limited is tapping the markets with its offer for sale of Rs 800 crs in a price band of Rs 531-542 completed allocation to anchor investors. The issue opens on Monday the 1st of November and closes on Wednesday the 3rd of November.

The company allotted 44,28,043 shares to 13 Anchor Investors comprising of 18 entities. The top allocation was made equally to three funds, namely Axis Mutual Fund, Franklin and Goldman Sachs who were each allotted 18.75% of the anchor allocation. The top three anchors were effectively allocated 56.25% of the anchor book.

The full list of anchors with their allocation is given below: –