Angel Broking Limited which is tapping the capital markets with its fresh issue for Rs 300 cr and an offer for sale of Rs 300 crs completed allocation to anchor investors. The price band is Rs 305-306. The issue opens on Tuesday the 22nd of September and closes on Thursday the 24th of September.

The company allotted 58,82,252 equity shares to 12 anchor investors comprising of 29 entities. The highest allocation was made to ICICI Prudential who was allotted 11,43,758 equity shares or 19.45% of the anchor portion. The next highest allocation was made to Nippon India of 14.22%. Thereafter the allocation of 11.11% or 6,53,562 shares was made equally to HDFC, Goldman Sachs and Aditya Birla Sun Life. In short, 5 anchor investors comprising of 9 entities were allotted 67.22% of the total anchor book.

One feature of the anchor book was the fact that FII’s who have been big investors in India since the beginning of the year chose to give the issue a complete miss.

The full list of anchor investors with their allocation is given below: –