Gujarat Pipavav Port Limited (GPPL) which is making a fresh issue of shares along with an offer for sale completed on Friday the 20th of August its allotment to anchor investors. The price band for the IPO is Rs 42-48 and the allotment made to anchor investors was at Rs 45. There are a total of 20 entities which have been allotted shares in the anchor category. The fresh issue was for Rs 510 crs including an allotment to employees of Rs 10 crs and an offer for sale of 1,17,07,369 shares.
The top three entities include International Opportunities Funds-India Equity, DSP Blackrock Small and Midcap Fund and HDFC Infrastructure Fund. These three entities have been allotted a total of 75,55,860 shares or 36.89% of the total 2,04,82,323 shares allotted to the 20 entities.