Heranba Industries Limited – Completes Anchor Allocation

Heranba Industries Limited which is looking to tap the markets with its fresh issue for Rs 60 crs and an offer for sale of 90.15 lac shares completed allocation to anchor investors. The price band is Rs 626-627, and the issue opens on Tuesday the 23rd of February and closes on Thursday the 25th of February.

The company allotted 29,90,520 equity shares to 15 anchor investors comprising of 18 entities. The highest allocation of 5,58,290 equity shares was made to Government Pension Fund Global. This was 18.67% of the anchor allocation. This was followed by allotment of 3,58,869 equity shares or 12.00% of the allocation to HDFC Mutual Fund. The top two anchor allotments constituted 9.17 lac shares or 30.67% of the anchor portion.

The full list of anchor allotment with the names and number of shares allotted is given below: –

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