Apex Frozen Foods Limited which is tapping the capital markets with its issue for 87 lakh shares completed allocation to anchor investors. The issue comprises of a fresh issue of 72.50 lakh shares and an offer for sale of 14.50 lakh shares. The price band is Rs 171-175. The company would raise about Rs 152 crs.
The company allotted 24.90 lakh shares to 3 anchor investors comprising of 4 entities. Reliance Mutual Fund is the largest anchor being allotted 57.37% of the anchor book.
The complete list of anchor investors is given below: –