Indostar Capital Finance Limited which is tapping the capital markets with its simultaneous issue completed allocation to anchor investors. The company is making a fresh issue for Rs 700 crs and an offer for sale of 2 cr shares in a price band of Rs 570-572. The company allotted 96,71,329 equity shares to 25 anchor investors comprising of 48 entities at Rs 572.
The highest allocation has been made to BNP Paribas Arbitrage of 8,74,120 shares which is 9.04% of the total anchor allocation. The issue opens on Wednesday the 9th of May and closes on Friday the 11th of May.
The full list of anchor investors and their allotment is given below: –