Examples of Anchor Investor Allocation Price in a sentence
The Company may, in consultation with the Managers, allocate up to 60% of the QIB Portion to Anchor Investors on a discretionary basis in accordance with the SEBI ICDR Regulations, out of which one-third shall be available for allocation to domestic Mutual Funds only, subject to valid Bids being received from the domestic Mutual Funds at or above the Anchor Investor Allocation Price.
One-third of the Anchor Investor Portion shall be reserved for domestic Mutual Funds, subject to valid Bids being received from the domestic Mutual Funds at or above the Anchor Investor Allocation Price.
Additionally, in the event the Offer Price is higher than the Anchor Investor Allocation Price, then any incremental amount collected from the Anchor Investors until the pay-in date for Anchor Investor mentioned in the CAN shall also be credited to the relevant Escrow Account.
One-third of the Anchor Investor Portion shall be reserved for allocation to domestic Mutual Funds, subject to valid Bids being received from domestic Mutual Funds at or above the Anchor Investor Allocation Price.
Further, 5% of the Net QIB Portion shall be available for allocation on a proportionate basis to Mutual Funds only subject to valid Bids being received from the domestic Mutual Funds at or above the Anchor Investor Allocation Price, and the remainder of the Net QIB Portion shall be available for allocation on a proportionate basis to all QIB Bidders (other than Anchor Investors), including Mutual Funds subject to valid Bids being received at or above the Offer Price.
Notwithstanding, anything mentioned in this clause 5.1, WWDRL shall participate with the Company and in consultation with the BRLMs in deciding only the pricing related terms of the Offer, including (i) the Price Band, (ii) the Anchor Investor Allocation Price and (iii) the Offer Price and any discount thereof, including any revisions, modifications and amendments thereof.
The Anchor Investor Offer Price and Anchor Investor Allocation Price shall be determined by the Company in consultation with the Lead Managers, based on the Bids received on the Anchor Investor Bid/Offer Period.
Additionally, in the event the Issue Price is higher than the Anchor Investor Allocation Price, then any incremental amount collected from the Anchor Investors until the pay-in date for Anchor Investor mentioned in the CAN shall also be credited to the relevant Escrow Account.
The Anchor Investor Offer Price and Anchor Investor Allocation Price shall be determined by the Company and the Promoter Selling Shareholders, and Promoter Selling Shareholders in consultation with the Lead Managers, based on the Bids received on the Anchor Investor Bid/Offer Period.