Shyam Metalics and Energy Limited which is tapping the capital markets with its fresh issue of Rs 657 crs and an offer for sale of Rs 257 crs completed allocation to anchor investors. The price band of the issue which opens on Monday the 14th of June and closes on Wednesday the 16th of June is Rs 303-306.

The company allotted 88,21,764 equity shares to 21 anchor investors comprising of 22 entities. The highest allocation as made to Nippon India Mutual Fund of 8,49,645 equity shares or 9.63%. This was followed by Ashoka India Opportunities Fund who was allotted 8,16,975 shares or 9.26% of the anchor book. Shares to anchor investors were allotted at the top end of the price band at Rs 306.

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