Anchor Investors

Ahead of IPO, Aether Industries garners Rs 240 cr from 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

eMudhra collects Rs 124 crore from anchor investors ahead of its IPO

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

Aether Industries' Rs 808-cr IPO to open May 24; price band at Rs 610-642

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 watch player Ethos gets Rs 142 cr from anchor investors ahead of IPO

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

IPO-bound Paradeep Phosphates raises Rs 450 crore from anchor investors

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.

Venus Pipes raises Rs 50 cr from anchor investors, allots 1.52 mn shares

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

What makes LIC IPO a long-term investment bet?

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.

71% of LIC anchor allotment of 59.3 mn shares made to domestic MFs

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

Over 25 anchor investors evinced interest for LIC issue offer: Official

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 allots shares worth Rs 1,290 cr to anchor investors ahead of FPO

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

LIC IPO set to be delayed to next fiscal year amid market swings: Report

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

Anchor investor talks for mega LIC IPO to start next week: Report

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

AGS Transact allots Rs 204-cr worth of shares to anchor investors

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

Metro Brands, MapmyIndia stocks shrug off anchor selling to set new highs

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

LIC IPO: Search for anchor investors begins, govt may seek higher valuation

Govt asks I-bankers to approach big investors

Stocks of a dozen firms may come under pressure as anchor lock-ins end

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

For exit, anchors now to wait for 90 days after IPO as Sebi tightens norms

Sebi board sets minimum 5% gap in issue price bands

Sebi extends anchor investors' lock-in period to 90 days for 50% portion

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

Paytm stock falls 8% as anchor investor's 30 days lock-in period ends

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

Medplus Health allots share worth Rs 418 crore from anchor investors

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