Hyundai Motor India raises ₹8,315 cr from anchor investors; IPO opens today
The auto major has allotted 4.2 crore equity shares to 225 anchor investors at the issue price of ₹1,960 per share.
The auto major has allotted 4.2 crore equity shares to 225 anchor investors at the issue price of ₹1,960 per share.
A total of 97 anchor investors take part in the anchor book; they have been allocated 3.37 cr shares at ₹570 apiece
The retail quota subscribed 7.42 times on the first day; the ₹1,000 cr issue will close on Jan 11; the price band for fixed at ₹315-331
Real estate firm finalises allocation of 82,72,700 shares at ₹385 apiece; 19 anchor investors participate
Yatra Online has already raised ₹348 crore from anchor investors as on Sept 14
The company, a subsidiary of IT services firm Cyient, has decided to allot 97,98,113 equity shares to 20 anchor investors at a floor price of ₹265.
Billionaire Gautam Adani-led company allotted 1.83 crore equity shares to 33 institutional investors at ₹3,276 a share, the upper end of the FPO price band.
Ahead of the IPO, Uniparts India has raised ₹250.69 crore by allotting 43,44,582 equity shares to 21 anchor investors.
A total of ₹3,751 crore will be raised from net QIB portion, including mutual funds. The company will raise ₹2,813 crore from the non-institutional portion and ₹6,565 crore from the retail investors.
Barring a handful of issues, gains for anchor investors post lock-in expiry have not been spectacular.