Sandhar Technologies Limited which had tapped the markets with its simultaneous fresh issue and offer for sale was subscribed. The issue consisted of a fresh issue of Rs 300 crs and an offer for sale of 64 lakh shares in a price band of Rs 327-332. Earlier the company had allotted46,30,842 equity shares to 15 anchor investors comprising of 21 entities. The highest allocation made was of 3,31,290 equity shares or 7.15% of the anchor portion. This was made to seven anchor investors and included names like DSP Blackrock, Aditya Birla Sun Life and UTI amongst others.

The issue was well subscribed across segments. The QIB portion was subscribed 14.49 times. HNI portion was subscribed 6.39 times and retail portion was subscribed 1.42 times making the overall subscription 6.19 times.

Full details of the subscription are given below: –