Avenue Supermarts Limited which is tapping the capital markets with its fresh issue to raise Rs 1,870 crs completed allocation to anchor investors. The company allotted 1,87,62,541 shares to 35 anchor investors comprising of 58 entities. Smallcap World Fund and New World Fund have been allotted the highest number of shares. They have each been allotted 13,37,800 shares or 7.13% of the total shares.

The issue has generated a huge amount of response and the same may be termed a ‘frenzied’. There is pent up demand and the issue is likely to generate unprecedented demand from all categories. Considering the size of the issue, the number of anchor investors is large and the small allocation other than two anchors, shows that shares had to be widely distributed to satisfy the large demand.

The full list of anchors and their allotment is given below.