Computer Age Management Services Limited (CAMS) which had tapped the capital markets with an offer for sale of 1,82,46,600 was subscribed 46.99 times. It received excellent response from all categories of investors.

Earlier it had completed allotment to anchor investors by allotting 54,19,230 equity shares to 35 anchor investors comprising of 52 entities. The top allocation was made to Smallcap World Fund who was allotted 4,87,800 equity shares or 9% of the anchor book. The next highest allocation was of 2,43,900 shares or 4.5% of the anchor book equally to 12 investors. This effectively meant that 13 investors were allotted 63% of the anchor book.

The issue had opened on Monday the 21st of September and closed on Wednesday the 23rd of September. The price band was 1,229 to Rs 1,230.

QIB’s subscribed the issue 73.18 times, HNI’s subscribed 111.85 times while Retail investors subscribed the issue 5.55 times. There were 21.81 lac applications and on the basis of lots the issue was subscribed 4.14 times. Employee portion was subscribed 1.16 times. The cost of funding for the leveraged HNI was between Rs 185-198.

Full details of the subscription are given below: –

Chemcon specialty Chemicals which had tapped the capital markets with its fresh issue for 165 crs and an offer for sale of 45 lac shares received excellent response and was subscribed 149.33 times. Response was overwhelming across segments.

Earlier the company had completed allocation to anchor investors. The company allotted 28,05,880 equity shares to 13 Anchor investors comprising of 16 entities. The highest allocation was made to ICICI Prudential and IDFC emerging Business Fund and Dynamic Equity Fund who were allotted 3,08,836 shares or 11.01% of the anchor allocation.

The issue had opened on Monday the 21st of September and closed on Wednesday the 23rd of September. The price band was Rs 338 to Rs 340.

The QIB portion was subscribed 113.54 times, HNI portion 449.14 times and Retail portion 41.21 times. There were 28.05 lac applications and on the basis of lots, the retail portion was subscribed 37.6 times. The cost of funding for leveraged HNI’s is between Rs 205-220.

The full details of subscription are given below: –

Angel Broking Limited which is tapping the capital markets with its fresh issue for Rs 300 cr and an offer for sale of Rs 300 crs completed allocation to anchor investors. The price band is Rs 305-306. The issue opens on Tuesday the 22nd of September and closes on Thursday the 24th of September.

The company allotted 58,82,252 equity shares to 12 anchor investors comprising of 29 entities. The highest allocation was made to ICICI Prudential who was allotted 11,43,758 equity shares or 19.45% of the anchor portion. The next highest allocation was made to Nippon India of 14.22%. Thereafter the allocation of 11.11% or 6,53,562 shares was made equally to HDFC, Goldman Sachs and Aditya Birla Sun Life. In short, 5 anchor investors comprising of 9 entities were allotted 67.22% of the total anchor book.

One feature of the anchor book was the fact that FII’s who have been big investors in India since the beginning of the year chose to give the issue a complete miss.

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