Mumbai: Standard Glass Lining Technology Limited has garnered Rs.123.02 crores from anchor investors ahead of its initial public offering that opens for public subscription on Monday, January 6, 2025. The company informed the bourses that it allocated 87,86,809 equity shares at Rs. 140 per share on Friday, January 3, 2025, to anchor investors.
Foreign and Domestic Institutions who participated in the anchor included Amansa Holdings Private Ltd, Clarus Capital I, ICICI Prudential MF, Kotak Mahindra Trustee Co Ltd A/C Kotak Manufacture In India Fund, Tata MF, Motilal Oswal MF, 3P India Equity Fund I, Kotak Infinity Fund – Class AC, Massachusetts Institute of Technology, ITI Large Cap Fund.
Out of the total allocation of 87,86,809 equity shares to the anchor investors, 33,93,184 equity shares were allocated to 5 domestic mutual funds, i.e. 38.62% of the Total Anchor Book Size.
IIFL Capital Services Limited, and Motilal Oswal Investment Advisors Limited are the book-running lead managers, and KFin Technologies Limited is the registrar of the issue.