Vijaya Diagnostic Centre Limited – Issue Subscribed 4.54 times

Vijaya Diagnostics Limited which had tapped the capital markets with its OFS for 3,56,88,064 shares in a price band of Rs 522-531 was subscribed 4.54 times.

The company had earlier completed allocation to anchor investors. The company allotted 1,06,61,418 shares to 29 anchor investors comprising of 41 entities at Rs 531. The issue had opened on Wednesday the 1st of September and closed on Friday the 3rd of September.

The highest allocation was made to Fidelity who was allotted 18,75,360 shares or 17.60% of the anchor book to three entities. This was followed by Goldman Sachs who was allotted 5.28% of the anchor book. This was followed by seven Indian mutual funds who were each allotted 4.40% or 4,68,832 shares. This effectively meant that the top nine investors were allotted 53.68% of the anchor book.

The QIB portion was subscribed 13.07 times, HNI portion was subscribed 1.32 times and Retail portion was subscribed 1.09 times. Employee portion was subscribed 0.98 times. The number of applications received were 3.91 lacs.

Full details of the subscription category wise are given below: –

Vijaya Diagnostic Subscription

Bucket Size Shares Applied for Times Oversubscribed
QIB 7107613 92862784 13.07
HNI 5330710 7059864 1.32
Retail

12438323 13574624 1.09
Employee 150000 146748 0.98
Total

25026646 113644020 4.54

This article authored by me on Vijaya Diagnostic IPO in BIZZ BUZZ

Ami Organics Limited – Completes allocation to anchor investors

Vijaya Diagnostics Limited which is tapping the capital markets with its fresh issue of Rs 200 crs and an offer for sale of 60,59,600 shares in a price band of Rs 603-610, completed allocation to anchor investors. The company allotted 28,01,485 shares to 15 anchor investors comprising of 20 entities at Rs 610. The issue opens on Wednesday the 1st of September and closes on Friday the 3rd of September.

The highest allocation was made to State Bank of India who was allotted 4,09,848 shares or 14.63% of the anchor book to two entities. This was followed by four anchor investors who were each allotted 2,45,904 shares or 8.78% of the anchor book. This was followed by SBI Life Insurance who was allotted 2,29,032 shares or 8.18% of the anchor book. This effectively meant that the top seven investors were allotted 64.38% of the anchor book.

Full details of the anchor book and their allotment is given below: –

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