CARE IPO opens today, gets Rs 80.9cr via anchor portion
CARE has opened its Rs 540-crore initial public offer for subscription today. The company has finalized the allocation of 10,79,954 equity shares (15 percent of the total offer of 71,99,700 equity shares) to 12 anchor investors at upper end of price band of Rs 700-750 per share, aggregating to Rs 80.996 crore.
December 07, 2012 / 10:17 IST
Credit Analysis and Research Limited (CARE) has opened its Rs 540-crore initial public offer for subscription today. The company has finalized the allocation of 10,79,954 equity shares (15 percent of the total offer of 71,99,700 equity shares) to 12 anchor investors at upper end of price band of Rs 700-750 per share, aggregating to Rs 80.996 crore.
The anchor investors include Goldman Sachs India Fund (which received 1 lakh equity shares or 9.26 percent of the anchor portion); Eastspring Investments India Equity Fund (1 lakh shares or 9.26 percent); Wellington Management Company LLP A/C Bay Pond BMDMB (1 lakh shares); Centaura Investments (Mauritius) PTE Ltd. (1,86,620 shares or 17.28%); DB International Asia Ltd (1 lakh shares of the anchor portion); Tata AIA Life Insurance Co Ltd. A/C Whole Life Midcap Equity Fund (66,667 shares or 6.17 percent); Birla Sun Life Insurance Co Ltd (66,667 shares); Sundaram Mutual Fund A/C Sundaram Equity Multiplier (32,000 shares or 2.96 percent) and Sundaram Mutual Fund A/c Sundaram Select Thematic FDS – Fin Services Opport (40,000 shares or 3.7 percent).Also Read
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Bharti Infratel IPO opens for subscription on Dec 11Birla Sun Life Trustee Company Pvt Ltd. A/c Birla Sun Life 95 Fund received 7,203 shares or 0.67 percent of the anchor portion; Birla Sun Life Trustee Company Pvt. Ltd. A/c Birla Sun Life Midcap Fund (53,997 shares or 5 percent); Birla Sun Life Trustee Company Pvt. Ltd. A/c India Advantage (Offshore) Fund (7,203 shares or 0.67 percent); Birla Sun Life Trustee Company Pvt. Ltd. A/c Birla Sun Life Long Term Advantage Fund (3,597 shares or 0.33 percent) and Reliance Capital Trustee Co. Ltd. A/c Reliance Regular Savings Fund – Balanced Option (72,000 shares or 6.67 percent).Franklin Templeton Mutual Fund A/c Franklin India Prima Plus was allotted 24,824 shares or 2.30 percent by the company; Franklin Templeton Mutual Fund A/c Franklin India Flexi Cap Fund (21,931 shares or 2.03 percent); Franklin Templeton Mutual Fund A/c Franklin India Tax Shield (11,570 shares or 1.07 percent); Franklin Templeton Mutual Fund A/c Franklin India Opportunities India (4,015 shares or 0.38 percent); Franklin Templeton Mutual Fund A/c Franklin India High Growth Companies Fund (7,372 shares or 0.68 percent); Franklin Asian Equity Fund (2,288 shares or 0.22 percent); HDFC Trustee Co. Ltd. HDFC Infrastructure Fund (24,000 shares or 2.22 percent); HDFC Trustee Co. Ltd. HDFC Multiple Yield Fund Plan 2005 (24,000 shares or 2.22 percent); and HDFC Trustee Co. Ltd. HDFC MF Monthly Income Plan Short Term Plan (24,000 shares or 2.22 percent).Bids can be made for a minimum of 20 equity shares and in multiples of 20 equity shares thereafter. The offer will constitute 25.22% of the post-offer paid-up equity share capital of the company. The offer period will close on Tuesday, December 11, 2012, for all bidders. The equity shares are proposed to be listed on the BSE and the NSE. The book running lead managers to the offer are Kotak Mahindra Capital Company Limited, DSP Merill Lynch Limited, Edelweiss Financial Services Limited, ICICI Securities Limited, IDBI Capital Market Services Limited and SBI Capital Markets Limited. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
