Kalyan Jewellers Limited which is tapping the capital markets with its fresh issue of Rs 800 crs and an offer for sale of 375 crs in a price band of Rs 86-87 completed allocation to anchor investors. The company allotted 4,04,48,275 equity shares at the top end of the band to 12 anchor investors comprising of 15 entities. The issue opens on Tuesday the 16th of March and closes on Thursday the 18th of March.
The highest allocation was made to Government of Singapore who was allotted 1,17,27,992 equity shares or 29% of the anchor allocation. Another entity, Monetary Authority of Singapore was allotted 20,65,032 shares or 5.11% of the allocation making the total for Singapore Government, 34.11% of the anchor book. The next highest allocation was Sundaram Mutual Fund who was allotted 91,95,292 equity shares or 22.76% of the shares in three schemes. The third highest allocation was to Calypso Global Investment Fund who was allotted 57,47,036 equity shares or 14.21% of the shares.
This meant that three anchor investors comprising of six entities were allotted 2,87,35,352 equity shares or 70.08% of the anchor book.
Full details of the anchor allotment are given below: –