• India’s all top Mutual Funds like SBI, ICICI Pru, HDFC, Axis, Nippon, Adiya Birla, Bandhan etc have participated in the anchor     
  • Other Marquee Investors like Mukul Agarwal (Param Capital Sanshi Fund – I), Manjo Garg (Whiteoak) have built-up their position Prashant Jain (3P Investment) is also part of the Anchor book


Mumbai : Sudeep Pharma Limited, a technology-led manufacturer of excipients and specialty ingredients for the pharmaceutical, food and nutrition industries, has garnered Rs 268.5 crore from anchor investors ahead of its initial public offering that opens for public subscription on November 21. The company informed the bourses that it allocated 45,27,823 equity shares at Rs 593 per share to anchor investors.

Some of the marquee institutions that participated in the anchor include all of India’s top mutual funds – SBI Healthcare Opportunities Fund, HDFC Mutual Fund – HDFC Innovation Fund, HDFC Mutual Fund – HDFC Manufacturing Fund, ICICI Prudential MNC Fund, Nippon Life India Trustee Ltd – A/C Nippon India Flexi Cap Fund, Axis Mutual Fund Trustee Ltd – A/C Axis Mutual Fund A/C Axis Multi Asset Allocation Fund, Whiteoak Capital Flexi Cap Fund, Aditya Birla Sun Life Trustee A/C Aditya Birla Sun Life Small Cap Fund, Mirae Asset Healthcare Fund MIRAH CFD, Motilal Oswal Large Cap Fund, Quant Mutual Fund – QSIF Equity Long Short Fund, 3PIM India Equity Fund, Bandhan Small Cap Fund, UTI Healthcare Fund and Edelweiss Trusteeship A/C – Edelweiss Mutual Fund – Edelweiss Equity Savings Fund.

Amongst other leading institutions that participated in the anchor include Tata AIA Life Insurance – A/C Small Cap Discovery Fund, SBI Life Insurance and Shamyak Investment Private Ltd.

Other marquee investors like Mukul Agarwal (Param Capital – Sanshi Fund – I), Manjo Garg (Whiteoak) have built-up their positions. Prashant Jain (3P Investment) is also part of the Anchor book.

Out of the total allocation of 45,27,823 equity shares to the anchor investors, 36,05,799 were allocated to 14 domestic mutual funds through schemes.

ICICI Securities and IIFL Capital Services Ltd are the book-running lead manager; and MUFG Intime India Private Limited is the registrar of the offer.