India Pesticides Limited which is tapping the capital markets with its fresh issue of Rs 100 crs and an offer for sale of Rs 700 crs completed allocation to anchor investors. The price band of the issue is Rs 290-296. The company allotted 81,08,107 equity shares at Rs 296 to 12 anchor investors comprising of 16 entities. The issue opens on Wednesday the 23rd of June and closes on Friday the 25th of June.

The highest allocation was made to SBI Mutual Fund who was allotted 21,95,900 shares or 27.08% of the anchor book. There were three entities in this allotment. This was followed by Nippon Mutual Fund who was allotted 13,54,058 equity shares or 16.67% of the anchor book. Here there were two entities. The third highest was to Abu Dhabi Investment Authority who was allotted 10,13,500 shares or 12.50% of the anchor book.

The top three anchor investors comprising of six entities were allotted 45,63,458 equity shares or 56.25% of the anchor book.

The full list of anchor allotment and allocation is given below: –