Anchor Investors

Aether Industries is a speciality chemicals manufacturer focused on producing advanced intermediates and speciality chemicals involving complex and differentiated chemistry and tech core competencies

Digital signature certificate provider eMudhra Ltd on Thursday said it has raised Rs 124 crore from anchor investors ahead of its initial public offering which opens for subscription on Friday. The company has allocated 48,37,336 equity shares to anchor investors at Rs 256 per share, aggregating the transaction size to Rs 123.83 crore, according to a circular uploaded on BSE website. Aditya Birla Sun Life Mutual Fund (MF), Motilal Oswal MF, Nippon India MF, SBI MF, Baring Private Equity India, Hornbill Orchid India Fund, Pinebridge India Equity Fund and Abakkus Growth Fund are among the investors that participated in the anchor book. The company has cut the size of the fresh issue from Rs 200 crore to Rs 161 crore. Besides, there will be an Offer-For-Sale (OFS) of 98.35 lakh shares by promoters and existing shareholders. As a part of the OFS, promoters -- Venkatraman Srinivasan and Taarav Pte Ltd -- will offload 32.89 lakh equity and 45.16 lakh equity shares respectively. In addit

Proceeds from the fresh issuance will be used to fund the speciality chemicals company's capex requirements for the proposed new project in Surat, fund working capital requirements and to pay debt

Luxury and premium watch retail player Ethos on Tuesday said it has raised around Rs 142 crore from anchor investors ahead of its initial share sale, which opens for subscription on Wednesday. The company has decided to allocate 16,13,725 equity shares to anchor investors at Rs 878 apiece, aggregating the transaction size to Rs 141.68 crore, according to a circular uploaded on BSE website. ICICI Prudential Mutual Fund, Jupiter India Fund, Saint Capital Fund, Nomura Singapore and UPS Group Trust are among the anchor investors. The Initial Public Offering (IPO) consists of a fresh issue of equity shares aggregating to Rs 375 crore and an Offer-For-Sale (OFS) of up to 1,108,037 equity shares. As a part of the OFS, Yashovardhan Saboo, KDDL, Mahen Distribution, Saboo Ventures LLP, Anuradha Saboo, Jai Vardhan Saboo, VBL Innovations, Anil Khanna, Nagarajan Subramanian, C Raja Sekhar, Karan Singh Bhandari, Harsh Vardhan Bhuwalka, Anand Vardhan Bhuwalka, Shalini Bhuwalka and Manju Bhuwalka

Fertilizer company Paradeep Phosphates on Friday said it has raised a little over Rs 450 crore from anchor investors days before the roll-out of its initial public offering.

Deal done at Rs 326 apiece to three anchor investors Nippon India, Kotak Life Insurance and India SME Investments

The much-awaited IPO of Life Insurance Corporation is set to open for subscription today, after it recorded bumper participation from anchor investors. Find out if you should subscribe to it.

Insurer raises Rs 5,627 cr in anchor book but overseas investors disappoint

The proposed maiden public offer by state-owned Life Insurance Corporation of India (LICI) has received interests from more than 25 anchor investors both foreign and domestic, an official said

Ruchi Soya has priced its FPO in the range of Rs 615-Rs 650 per share.

LIC's underwriters have seen muted interest during early meetings with potential anchor investors, says Bloomberg.

LIC IPO: Banks plan to file the draft IPO prospectus with the markets regulator by the first week of December, once the embedded value of the firm is finalised, say sources

BNP Paribas, HDFC Balanced Advantage Fund, Nippon Life India Small Cap Fund and Abakkus Growth Fund among those to have got allotment

Analysts said the allotment made to anchor investors by these two companies was relatively low which helped prevent any intensive selling pressure

Govt asks I-bankers to approach big investors

Heightened selling pressure in stocks where anchor contribution is high. Five of the 12 firms had allocated more than 10% of outstanding shares to anchor investors

Sebi board sets minimum 5% gap in issue price bands

The existing lock in of 30 days shall continue for 50% of the portion allocated to anchor investor, says Sebi as part of stricter measures to reform IPO market

After dropping to a low of Rs 1,298 apiece, the stock finished at Rs 1,380, its lowest level since November 22, the second day of listing

The price band for Medplus' Rs 1,398-crore IPO is Rs 780-796 per share.