Car Trade Tech Limited which is tapping the capital markets with its offer for sale of 1,85,32,206 shares in a price band of Rs 1,585-1,618, completed allocation to anchor investors. The issue opens on Monday the 9th of August and closes on Wednesday the 11th of August. The company allotted 55,59,664 shares at Rs 1,618 to 43 anchor investors.

The highest allocation was made to American Funds Insurance Series who was allotted 4,63,527 equity shares or 8.34% of the anchor book. This was followed by an equal allotment to three mutual funds of 3,24,468 equity shares or 5.84% to Axis, Aditya Birla and HDFC. Thus, the top four anchor investors were allotted 25.86% of the anchor book.

At the bottom end of the anchor allocation, 8 anchors were allotted 32,361 shares or 0.58% of the anchor book.

The full list of the anchor allocation is given below: –