Quartz processor Midwest Limited, India’s largest producer of Black Galaxy and Absolute Black granite has garnered Rs 135 crore from anchor investors ahead of its initial public offering that opens for public subscription on October 15. The company informed the bourses that it allocated equity shares at Rs 1,065 per share to anchor investors.

Some of the marquee institutions that participated in the anchor include Goldman Sachs Funds – Goldman Sachs India Equity Portfolio and Edelweiss Life Insurance Company.

 Amongst other equity oriented schemes, the company has allocated shares to Axis Mutual Fund Trustee – Axis Mutual Fund Small Cap Fund,  Sun Life Aditya Birla India Fund, Kotak Mahindra Trustee – Kotak Consumption Fund, Edelweiss Trusteeship – Edelweiss Recently Listed IPO Fund, ITI Muti Cap Fund, Svadha India Emerging Opportunities Scheme 1.  

Out of the total allocation of 12, 67, 605 equity shares to the anchor investors,  6,10,330 were allocated to  domestic mutual funds through  schemes.