Man Infraconstruction Limited completed yesterday the allocation of 9,72,000 shares to anchor investors at the upper price band of Rs 252. The shares were allotted to eight investors with the bulk of the shares being allotted to 2 funds namely: – Nomura Asset Management and Reliance Capital Trustee Co Ltd. The two funds have been allotted a total of 7,74,608 shares which is 69.4% of the total shares.
The issue opened today and was oversubscribed. The issue closes on Monday the 22nd of February 2010.