Aditya Birla Sun Life AMC Limited which is tapping the capital markets with its offer for sale of 3,88,80,000 equity shares, completed allocation to anchor investors. The company allotted 1,10,80,800 equity shares at Rs 712 to 24 investors comprising of 50 entities.

The highest allocation was made to ICICI Prudential who was allotted 14,03,840 equity shares or 12.65% of the anchor book. This was followed by 11,23,580 equity shares or 10.15% to HDFC Mutual Fund and SBI Mutual Fund. Effectively the top three anchor investors were allotted 36,51,000 equity shares or 32.95% of the anchor book.

The price band of the issue is Rs 695-712, and opens on Wednesday the 29th of September and closes on Friday the 1st of October.

Full details of the anchor allocation are given below: –