Nazara Technologies Limited – Completes Allocation To Anchor Investors

Nazara Technologies Limited which is tapping the capital markets with its offer for sale of 52,94,392 equity shares completed allocation to anchor investors. The company allotted 23,73,395 equity shares at Rs 1,101 to 25 anchor investors comprising of 43 entities. The highest allocation of 1,99,823 shares or 8.4% of the anchor allocation was made to the Government of Singapore. This was followed by 13 anchor investors who were allotted an identical 1,19,899 shares or 5.1% of the anchor book.

The issue opens on Wednesday the 17th of March and closes on Friday the 19th of March 2021. The price band for a Rs 4 paid-up equity share is Rs 1,100 – 1,101.

The full list of anchor investors with their allocation is given below: –

Suryoday Small Finance Bank Limited – Completes Anchor Allocation

Suryoday Small Finance Bank Limited which is tapping the capital markets with its total issue of 190.93 lac shares which comprises of a fresh issue of 81.50 lac shares and 109.43 lac shares through an offer for sale completed allocation to anchor investors.

The company allotted 55,77,920 equity shares to 13 anchor investors. The largest allocation was made to Axis Mutual Fund and ICICI Prudential Life Insurance Company Limited of an identical 7,38,283 shares or 13.24% of the anchor allocation.

The price band is Rs 303-305. The issue opens on Wednesday the 17th of March and closes on Friday the 19th of March.

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

Anupam Rasayan Limited – Issue Subscribed 45.21 Times

Anupam Rasayan Limited who had tapped the capital market with its fresh issue to raise Rs 760 crs in a price band of Rs 553-555 received an excellent response and was subscribed 45.21 times. QIB portion was subscribed 65.99 times, the HNI portion was subscribed 97.78 times and the Retail portion was subscribed 10.81 times. There were 16.49 lac applications and based on lots, the retail issue was subscribed 9.43 times.

The company had earlier allotted 40,48,647 equity shares at Rs 555 to 15 anchor investors comprising of 18 entities. The highest allocation was made to Aditya Birla Sunlife who was allotted 10,81,080 equity shares or 26.76% of the anchor allocation. This was followed by Nomura who was allotted 7,18,902 share or 17.76% and Fidelity who was allotted 6,28,776 share or 15.53% of the allocation.

This meant that the top three anchors were allotted a total of 24,28,758 shares or 60.05% of the anchor book.

The issue had opened on Friday the 12th of March and closed on Tuesday the 16th of March.

Full details of subscription are given below: –

Anupam Rasayan Subscription

Bucket Size Shares Applied for Times Oversubscribed
QIB 2699099 178110576 65.99
HNI 2024325 197932896 97.78
Retail

4723424 51061212 10.81

Total

9446848 427104684 45.21
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