Thursday, December 16, 2021

Supriya Lifescience raises ₹315 crores from Anchor Investors ahead of IPO

Asia's leading manufacturers of solvent cement Supriya Lifescience raised ₹315 crores from anchor investors on December 15, 2021 Wednesday before the IPO. The Supriya Lifescience IPO is to open on December 16, Thursday. The company allotted a total of 1,14,96,351 equity shares to 18 Anchor investors at an upper price band of ₹274. The anchor investors list includes 1 Mutual Funds through a total of 1 schemes. The company is going to raise ₹700 crores. Check out the final list of Supriya Lifescience Anchor Investors given below:

Supriya Lifescience

Supriya Lifescience Anchor Investors List:

The IPO Committee of the Company at their meeting held on December 15, 2021, in consultation with ICICI Securities Limited and Axis Capital Limited ("BRLMs"), have finalized allocation of 1,14,96,351 equity shares, to Anchor Investors at the Anchor Investor Allocation Price of ₹274/- per Equity Share (including share premium of ₹272/- per Equity Share). The details are given below:
Supriya Lifescience Anchor Investors List
Supriya Lifescience Anchor Investors List
Source: BSEIndia

The Supriya Lifescience IPO to open on 16 December and closes on 20 December 2021. The price band is fixed at ₹265 to ₹274. Supriya Lifescience IPO application minimum bid is for 54 Shares (₹14,796) and maximum bid is 704 shares (₹192,348). The Book Running Lead Managers of the IPO is Axis Capital Limited and ICICI Securities Limited.