Tatva Chintan Pharma Chem Limited – Completes Anchor Allocation

Tatva Chintan Pharma Chem Limited which is tapping the capital markets with its fresh offer for Rs 225 crs and an offer for sale of Rs 275 crs completed allocation to anchor investors. The company allotted 13,85,040 shares amongst 15 anchor investors equally. These anchor investors consisted of 22 entities. There were 7 domestic funds in the total allocation. The allocation is 6.67% or 92,339 shares rounded of to make 100% of the anchor.

This is probably the first time that I remember that the allocation amongst 15 investors has been so even. One is learning news things as the vibrancy in the primary markets increases.

The price band is Rs 1,073-1,083. The issue opens on Friday the 16th of July and closes on Tuesday the 20th of July.

The full list of anchor investors and their allocation is given below: –

This is link of article authored by me on Zomato IPO in BIZZ BUZZ

Zomato Limited – Completes Allocation to Anchor Investors

Zomato Limited which is tapping the capital markets with its fresh issue of Rs 9,000 crs and an offer for sale of Rs 375 crs, in a price band of Rs 72-76, completed allocation to anchor investors. The issue opens on Wednesday the 14th of July and closes on Friday the 16th of July.

The company allotted 55,21,73,505 equity shares at Rs 76 to 100 anchor investors comprising of 186 entities. This makes this the largest allocation in terms of number of entities in recallable history.

The highest allocation of 2,16,10,095 shares or 3.91% was made to New World Fund. This was followed by Tiger Global Investment Funds who were allotted 2,13,76,290 shares or 3.87% of the anchor book.

Domestic mutual funds were allotted 18,41,04,960 shares or 33.34% of the anchor book. There were 19 anchor investors comprising of 74 schemes.

The list of anchors is really large and seems to include almost all names that one sees in anchor books across companies tapping the capital markets.

Full list of anchor allotment with names of schemes is given below: –

Subscribe to RSS Feed Follow me on Twitter!