One 97 Communications Limited – Completes Anchor allocation

One 97 Communications Limited, the company which own the brand Paytm completed allocation to anchor investors. The company is tapping the capital markets with its fresh issue to raise Rs 8,300 crs and an offer for sale of Rs 10,000. The total issue size would be Rs 18,300 crs making it the largest issue ever to hit the Indian Capital Markets. The price band is Rs 2,080-2,150.

The company on Wednesday allotted 3,83,02,326 shares at Rs 2,150 to 122 entities. The anchor allocation raised Rs 8,235 crs. The highest allocation was made to Canada Pension Plan Investment Board who was allotted 43,61,964 shares or 11.4% of the anchor allocation. This was followed by Blackrock Global Funds who were allotted 40,38,030 shares or 10.5% of the anchor allocation. Four domestic mutual funds were allotted 48,85,386 equity shares or 12.8% of the anchor book. These were Aditya Birla, HDFC, Mirae Asset and BNP Paribas. The top two anchor investors were allotted 21.9% of the anchor book.

Full details of the anchor allocation with shares allotted is given below: –






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