Anubhav Plast SME IPO Live Subscription Status
How to Apply for this IPO? Read here.
Anubhav Plast Limited provides Electric Resistance Welding (ERW) steel pipes and tubes in round and square hollow sections, as well as swaged steel tubular poles to various clients across the multiple Indian states. The company started its operations in 1987 and is based in Kanpur Dehat. This IPO helps the company expand its product lines and strengthen its base. The company will use the fresh issue money to set up a new manufacturing wing for crash barriers. It also wants to fund its everyday working capital needs. Investors can now track the demand for these shares through the subscription status and the interest of different buyer categories.
Anchor Investor Allocation
Anchor investors are big institutions that buy shares before the public. The Book Running Lead Manager finalised the allocation of 8,48,000 Equity Shares to Anchor Investors at Rs. 80 per share.
| Anchor Investor Details | |
|---|---|
| Bid Date | – |
| Shares Offered | 8,48,000 |
| Anchor Portion (₹ Cr.) | – |
| Anchor lock-in period end date for 50% shares (30 Days) | – |
| Anchor lock-in period end date for remaining shares (90 Days) | – |
| Sr. | Anchor | Group Entity | Shares Allotted | Amt (₹ cr.) | % Allocated | % Allotment of Issue |
|---|---|---|---|---|---|---|
Disclaimer: This information is for educational purposes only. Always seek advice from a qualified financial professional before making investment choices.
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