Tara Health Foods: Completes Anchor Investment

Tara Health Foods Limited has completed its allocation to anchor investors. The company has brought in two anchor investors who have bought 7.5 lakh shares each.

IDFC Premier Equity fund 7,50,000
Kotak Mahindra UK Ltd A/c Sandstone Capital India Master Fund Limited 7,50,000
Total 15,00,000

The shares have been allotted at Rs 180 per share. The issue opens on Wednesday the 28th of April 2010 and closes on Friday the 30th of April 2010.

Nitesh Estates IPO: Issue subscribed

Nitesh Estates which had launched its IPO which opened on Friday the 23rd of April and closed yesterday the 27th of April. The issue price band was Rs 54-56. The issue was subscribed 1.16 times.

Category Shares offered Shares Bid Subscription Ratio
QIB 26651800 67767000 2.5427
NII 11250000 2516400 0.2237
Retail 26250000 4211600 0.1604
TOTAL 64151800 74495000 1.16

The issue will in all probability be priced at Rs 54.

Mandhana Industries IPO: Anchor Investors

The IPO of Mandhana Industries Limited has roped in two anchor investors.

IDFC Small and Midcap Equity (SME) Fund 769250 shares
India Diversified (Mauritius) Limited 384600 shares
Total 1153850 shares

The shares were allotted to the anchor investors at a price of Rs 130 which is the upper end of the price band.

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