Aster DM Healthcare Limited – Completes Anchor Allocation

Aster DM Healthcare Limited which is tapping the capitals markets with its simultaneous offer for sale and fresh issue completed allocation to anchor investors. The company allotted 1,54,75,843 shares to 7 anchor investors comprising of 8 entities. The highest allocation was done to SBI Mutual Fund and Sundaram Mutual Fund of 34,25,058 shares a piece which is 22.13% of the anchor book. The shares were allotted at Rs 190.

The issue consists of a fresh issue to raise Rs 725 crs and an offer for sale of 1,34,28,251 equity shares ina price band of Rs 180-190. The issue opens on Monday the 12th of February and closes on Thursday the 15th of February.

Performance of Newly Listed Shares as on 9th February 2018

Name Date of Listing Issue Price Closing Price Closing Price % Gain Loss % Change Over
90218 20218 Over Week lssue Price
Reliance Nippon Life Asset Mng Limited 7th November 252.00 278.15 266.00 4.82 10.38
Mahindra Logistics Limited 10th Novemeber 429.00 470.10 470.45 -0.08 9.58
Khadim India Limited 14th November 750.00 699.85 693.25 0.88 -6.69
HDFC Standard Life 17th Novmber 290.00 439.80 447.80 -2.76 51.66
Shalby Limited 15th December 248.00 233.45 233.95 -0.20 -5.87
Future Supply Chain Solutions Limited 18th December 664.00 673.90 673.85 0.01 1.49
Astron Paper Limited 29th December 50.00 129.85 123.65 12.40 159.70
Apollo Micro Systems Limited 22nd January 275.00 322.70 326.05 -1.22 17.35
Newgen Software Technologies Ltd 29th January 245.00 235.70 234.10 0.65 -3.80
Amber Enterprises India Limited 30th January 859.00 1195.25 1225.60 -3.53 39.14
Galaxy Surfactants Limited 8th February 1480.00 1665.55 NA 12.54 12.54

Galaxy Surfactants Limited – Issue Subscribed 20 Times

The offer for sale from Galaxy Surfactants Limited was subscribed 20 times. The company had through an offer for sale offered 63,31,674 equity shares in a price band of Rs 1,470 – 1,480. The issue opened on Monday the 29th of January and closed on Wednesday the 31st of January. The company allotted 18,99,500 equity shares to 25 anchor investors comprising of 30 entities.

The issue received excellent support from QIB who subscribed their portion 54.27 times. Something went wrong with the funding arrangements and the HNI portion was subscribed 6.96 times. Retail portion was well subscribed and received bids for 6.01 times the bucket size.

Full details of the subscription are given below: –

Galaxy Surfactants Subscription

Bucket Size Shares Applied for Times Oversubscribed
QIB 1266336 68725080 54.27
HNI 949752 6610610 6.96
Retail 2216086 13312860 6.01
Total 4432174 88648550 20.00
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