Equitas Small Finance Bank Limited (ESFB) which is tapping the capital markets with its fresh issue of Rs 280 crs and an offer for sale of 7.2 cr shares completed allocation to anchor investors. The company allotted 4,23,27,271 equity shares to 14 anchor investors comprising of 35 entities.
The highest allocation was an identical 37,87,650 equity shares or 8.95% of the allocation to 8 entities. These included names such as ICICI Prudential, ICICI Prudential Life Insurance, SBI Life Insurance, Franklin India and Mirae Asset Management.
The price band of the offer is Rs 32-33. The issue opens on Tuesday the 20th of October and closes on Thursday the 22nd of October.
The full list of anchor allotment is given below: –