Anchor book partnership with the combination of global and domestic institutional investors. Significant names include Society Generel, BNP Paribas, Smallcap World Fund Inc., ICICI Prudential, Aditya Birla Sun Life, Kotak Mahindra Mutual Fund, Quant Mutual Fund, Amundi Fund, One, Motilal Oswal Fund, Bandan Fund, Band, Band, Band, Bandan Fund, Band. True, True, True, True, True, Mahindra Manulife.
Out of the total anchor allocation, 29.62 lakh equity shares – about 43.7% anchor book – 11 domestic mutual funds were allocated in 15 schemes, reflecting healthy domestic interest.
Oswal Pumps’ IPO, which is scheduled to run from June 13 to June 17, has a new issue of offer for sale of 81 lakh equity shares by 890 crore shares and promoter Vivek Gupta. At the top of the price band – 584 to Rs. 614
Investors can bid in many equity shares and then in multiplication. The IPO is being done by a book-building process, with up to 50% reserved for eligible institutional buyers (QIB), 15% for non-institutional investors (NIIs), and 35% for retail investors.
IIFL Capital, Axis Capital, CLSA India, JM Financial and New Wealth Management are lead managers running the book on this issue, while MUFG Intime is the Registrar of India.
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