Examples of Anchor Investor in a sentence
Further, in the event of under-subscription, or non-allocation in the Anchor Investor Portion, the balance Equity Shares shall be added to the Net QIB Portion.
The Issue Price and the Anchor Investor Issue Price together with any required allocation details shall be advertised by the Company, after consultation with the Book Running Lead Managers, in accordance with the SEBI ICDR Regulations and shall be incorporated in the Prospectus and the Issue Memorandum.
Such number of Equity Shares representing 5% of the Net QIB Portion (excluding the Anchor Investor Portion) shall be available for allocation on a proportionate basis to Mutual Funds only.
The Anchor Investor Issue Price shall be determined by the Company, in consultation with the Book Running Lead Managers, based on the Bids received on the Anchor Investor Bidding Date.