Tega Industries Limited which is tapping the capital markets with its offer for sale of 1,36,69,478 shares in a price band of Rs 443-453 completed allocation to anchor investors. The issue would garner 619 crs at the top end of the band. The issue opens on Wednesday the 1st of December and closes on Friday the 3rd of December.
The company allotted 41,00,842 shares to 17 anchor investors comprising of 25 entities. Domestic mutual funds were allotted 25,77,661 shares to 8 entities. This comprised 62.86% of the anchor allocation.
The top allocation was made equal to two anchors, namely SBI Mutual Fund and Ashoka Fund who were allotted 5,73,936 shares or 14% of the anchor allocation. This was followed by an identical 7.54% or 3,09,045 shares to 7 anchor investors. This effectively meant that the top nine anchor investors were allotted 80.78% of the anchor book.
Full details of the anchor allocation are given below: –