Chemplast Sanmar Limited – Completes Anchor Allocation

Chemplast Sanmar Limited which is tapping the capital markets with its fresh issue of Rs 1,300 crs and an offer for sale of Rs 2,550 completed allocation to anchor investors. The price band of the issue is Rs 530-541. The issue opens on Tuesday the 10th of August and closes on Thursday the 12th of August.

The company allotted 3,20,24,029 equity shares at the top end of the price band of Rs 341 to 43 anchor investors comprising of 78 entities.

The top 4 anchor investors were domestic mutual funds namely: – Axis Mutual Fund, SBI Mutual Fund, Mirae Asset and HDFC Life Insurance who were each allotted 32,34,735 equity shares or 10.10% of the anchor book.

The overall book was more or less split between FPI’s and Domestic Investors with the former allotted 48.34% of the anchor book and Domestic Investors getting 51.66%.

The top four anchor investors comprising of 21 entities were allotted 40.40% of the anchor book.

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

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