Chalet Hotels Limited Completes Allocation to Anchor Investors

Chalet Hotels Limited which is tapping the capital markets with its fresh issue for Rs. 950 crs and an offer for sale of 2,46,85,000 equity shares, completed allocation to anchor investors. The issue price band is Rs 275-280.

The company allotted 1,75,84,071 equity shares to 21 anchor investors comprising of 27 entities at Rs 280. The highest allocation was made to SBI Smallcap fund who was allotted 17,85,729 equity shares or 10.16% of the anchor book.

The issue opens today, Tuesday the 29th of January and closes on Thursday the 31st of January.

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

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