Clean Science Technology Limited – Completes Anchor Allocation

Clean Science Technology Limited which is tapping the capital markets with its offer for sale to raise Rs 1,546.22 completed allocation to anchor investors. The issue opens on Wednesday the 7th of July and closes on Friday the 9th of July. The price band is Rs 880-900.

The company allotted 51,55,404 shares at Rs 900 to 25 anchor investors comprising of 41 entities. The highest allocation was made to 3 entities equally comprising of 4,44,437 shares or 8.62% of the anchor allocation. These were Government of Singapore, Nomura Trust and Ashoka India Opportunities Fund. This was followed by an allocation of 2,93,101 shares or 5.68% to HDFC mutual Fund, Axis Mutual Fund and SBI Mutual Fund. This was followed by an allocation of 2,77,776 shares or 5.39% to two entities, namely Blackrock and Aberdeen Global.

The top eight anchor investors were allotted 53.68% of the anchor book.

The full list of anchor allotment with details is given below: –

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