G R Infraprojects Limited which is tapping the capital markets with its offer for sale of 1,15,08,704 equity shares completed allocation to anchor investors. The issue opens on Wednesday the 7th of July and closes on Friday the 9th of July. The price band is Rs 828-837.
The company allotted 33,85,110 shares at Rs 837 to 22 anchor investors comprising of 47 entities. The highest allocation was made to Smallcap World Fund who was allotted 6,21,282 shares forming 18.35% of the anchor allocation. This was followed by ICICI who was allotted 2,21,051 shares or 6.51% of the anchor allocation. This was followed by an equal allocation of 2,03,099 shares or 6% to 4 investors where one was an FPI and three were domestic entities. These were Abu Dhabi Investment Authority, Nippon India, SBI Mutual Fund and HDFC Mutual Fund.
The top six anchor investors were allotted a total of 16,54,729 equity shares or 48.86% of the anchor book.
The full list of anchor allotment with details is given below: –