Craftsman Automation Limited – Completes Anchor Allocation

Craftsman automation Limited which is tapping the capital markets with its fresh issue of Rs 150 crs and an offer for sale of 45,21,450 equity shares completed allocation to anchor investors. The price band is Rs 1,488-1490. The company allotted 16,58,447 equity shares at the top end of the band of Rs 1,490 to 15 anchor investors comprising of 21 entities.

The highest allocation was made to Pioneer Investment Fund who was allotted 3,69,120 equity shares or 22.3% of the anchor allocation. This was followed by Nomura who was allotted 2,34,890 equity shares or 14.2% of the anchor book. This was followed by three anchor investors being given an identical 9.3% or 1,54,360 equity shares. These investors were Nippon Mutual Fund, Aditya Birla Sun Life and ICICI Prudential.

The issue opens on Monday the 15th of March and closes on Wednesday the 17th of March.

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

Laxmi Organics Limited – Completes Anchor Allocation

Laxmi Organics Limited which is tapping the capital markets with its fresh issue of Rs 300 crs and an offer for sale of Rs 300 crs completed allocation to anchor investors. The company allotted 1,38,46,153 equity shares to 15 anchor investors comprising of 23 entities. Shares were allotted at the top end of the price band at Rs 130. The band is Rs 129-130.

There are just two levels of allotment where nine investors have been given an equal 10,78,860 equity shares or 7.78% of the anchor book. The second level is where six anchor investors have been given 6,92,300 equity shares or 5% of the anchor book. The list includes a fair mix of FPI, mutual funds and insurance companies.

The issue opens on Monday the 15th of March and closes on Wednesday the 17th of March 2021.

The full list of anchor allotees and their allotment is given below: –

Easy Trip Planners Limited – Issue Subscribed 160.19 Times

The offer for sale from Easy Trip Planners of Rs 510 crs which had tapped the markets received excellent response and was subscribed 160.19 times. The company had tapped the capital markets with its issue in a price band of Rs 186-187. Earlier the company had allotted 1,22,72,727 equity shares at Rs 187 to 16 anchor investors comprising of 35 entities. The issue had opened on Monday the 8th of March and closed on Wednesday the 10th of March.

The QIB portion was subscribed 77.95 times, HNI portion was subscribed 384.26 times and Retail portion was subscribed 70.78 times. There were 19.95 lac applications and on the basis of lots, the retail portion was subscribed 58.52 times.

The cost of funding for the leveraged HNI is between Rs 115-120 per share.

The full details of the subscription are given below: –

Easy Trip Planners Subscription

Bucket Size Shares Applied for Times Oversubscribed
QIB 8181819 637767440 77.95
HNI 4090909 1571976640 384.26
Retail

2727272 193038240 70.78

Total

15000000 2402782320 160.19
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