Fedbank Financial Services Ltd, has allotted 23,191,374 Equity Shares to 22 anchor investors and raised ₹324.67 crore ahead of company’s proposed IPO at the upper price band of ₹140 per equity share (including premium of ₹ 130 per equity shares) with face value of ₹ 10 per share.
The anchor allocation is as follows:
|
Sr. No. |
Name of the Anchor Investor |
No. of Equity Shares allocated |
% of Anchor Investor Portion |
Bid price (Rs. per Equity Share) |
Total Amount Allocated (Rs.) |
|
1 |
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA BANKING & FINANCIAL SERVICES FUND |
17,85,723 |
7.70% |
140 |
250,001,220 |
|
2 |
SBI LIFE INSURANCE COMPANY LIMITED |
17,85,723 |
7.70% |
140 |
250,001,220 |
|
3 |
HDFC MUTUAL FUND – HDFC BANKING AND FINANCIAL SERVICES FUND |
17,85,723 |
7.70% |
140 |
250,001,220 |
|
4 |
HDFC LIFE INSURANCE COMPANY LTD |
17,85,723 |
7.70% |
140 |
250,001,220 |
|
5 |
BANDHAN EMERGING BUSINESSES FUND |
17,85,723 |
7.70% |
140 |
250,001,220 |
|
6 |
SOCIETE GENERALE – ODI |
14,14,640 |
6.10% |
140 |
198,049,600 |
|
7 |
KOTAK MAHINDRA LIFE INSURANCE COMPANY LIMITED |
12,85,712 |
5.54% |
140 |
179,999,680 |
|
8 |
TATA AIA LIFE INSURANCE COMPANY LTD A/C UNIT LINKED MULTICAP FUND |
12,85,712 |
5.54% |
140 |
179,999,680 |
|
9 |
BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED |
12,85,712 |
5.54% |
140 |
179,999,680 |
10 |
NATIXIS INTERNATIONAL FUNDS (LUX) I – LOOMIS SAYLES GLOBAL EMERGING MARKETS EQUITY FUND |
12,85,712 |
5.54% |
140 |
179,999,680 |
|
11 |
CANARA HSBC LIFE INSURANCE COMPANY LIMITED |
10,71,498 |
4.62% |
140 |
150,009,720 |
|
12 |
MARSHALL WACE INVESTMENT STRATEGIES – EUREKA FUND |
10,71,498 |
4.62% |
140 |
150,009,720 |
|
13 |
EDELWEISS TRUSTEESHIP CO LTD AC – EDELWEISS MF AC – EDELWEISS RECENTLY LISTED IPO FUND |
8,57,177 |
3.70% |
140 |
120,004,780 |
|
14 |
BCAD Fund |
7,23,641 |
3.12% |
140 |
101,309,740 |
|
15 |
INTEGRATED CORE STRATEGIES (ASIA) PTE. LTD |
7,23,641 |
3.12% |
140 |
101,309,740 |
|
16 |
SEGANTII INDIA MAURITIUS |
4,71,547 |
2.03% |
140 |
66,016,580 |
|
17 |
GOLDMAN SACHS (SINGAPORE) PTE.- ODI |
4,71,547 |
2.03% |
140 |
66,016,580 |
|
18 |
INDIA MAX INVESTMENT FUND LTD |
4,71,546 |
2.03% |
140 |
66,016,440 |
|
19 |
COPTHALL MAURITIUS INVESTMENT LIMITED – ODI ACCOUNT |
4,71,547 |
2.03% |
140 |
66,016,580 |
|
20 |
UNIVERSAL SOMPO GENERAL INSURANCE COMPANY LIMITED |
4,71,547 |
2.03% |
140 |
66,016,580 |
|
21 |
CITIGROUP GLOBAL MARKETS MAURITIUS PRIVATE LIMITED |
4,71,547 |
2.03% |
140 |
66,016,580 |
|
22 |
EDELWEISS TRUSTEESHIP CO LTD AC – EDELWEISS MF AC – EDELWEISS AGGRESSIVE HYBRID FUND |
4,28,535 |
1.85% |
140 |
59,994,900 |
|
Total |
2,31,91,374 |
100.00% |
3,246,792,360 |
Out of the total allocation of 2, 31,91,374 Equity shares to the Anchor Investors, 6,642,881 Equity shares (i.e. 28.64% of the total allocation to the Anchor Investors) were allocated to 4 (Four) domestic mutual funds have applied through a total 5 (Five) schemes.
|
Sr. No. |
Name of Scheme |
No. of Equity Shares allocated |
% of Anchor Investor Portion |
Bid price (Rs. per Equity Share) |
Total Amount Allocated (Rs.) |
|
1 |
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA BANKING & FINANCIAL SERVICES FUND |
1,785,723 |
7.70% |
140 |
250,001,220 |
|
2 |
HDFC MUTUAL FUND – HDFC BANKING AND FINANCIAL SERVICES FUND |
1,785,723 |
7.70% |
140 |
250,001,220 |
|
3 |
BANDHAN EMERGING BUSINESS FUND |
1,785,723 |
7.70% |
140 |
250,001,220 |
|
4 |
EDELWEISS TRUSTEESHIP CO LTD AC – EDELWEISS MF AC – EDELWEISS RECENTLY LISTED IPO FUND |
857,177 |
3.70% |
140 |
120,004,780 |
|
5 |
EDELWEISS TRUSTEESHIP CO LTD AC – EDELWEISS MF AC – EDELWEISS AGGRESSIVE HYBRID FUND |
428,535 |
1.85% |
140 |
59,994,900 |
|
TOTAL |
6,642,881 |
28.64% |
930,003,340 |
Book Running Lead Managers to the Issue:
ICICI Securities Limited, BNP Paribas, Equirus Capital Private Limited and JM Financial Limited
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