Northern Arc Capital Ltd, has allocated 8,702,031 Equity Shares to 15 anchor Investors and raised ₹ 228.86 crore ahead of company’s proposed IPO at the upper price band of ₹ 263 per equity share (including premium of ₹ 253 per equity shares) with face value of ₹ 10 per share.
Sr. No.
Name of Anchor Investor
No of Equity Shares Allocated
% of Anchor Investor Portion
Bid Price (₹ per Equity Shares)
Total Amount Allocated (₹)
1
QUANT MUTUAL FUND – QUANT BFSI FUND
979,887
11.26
263
257,710,281
2
SBI LIFE INSURANCE CO.LTD
979,887
11.26
263
257,710,281
3
SBI GENERAL INSURANCE COMPANY LTD
979,887
11.26
263
257,710,281
4
SINGULARITY EQUITY FUND I
979,887
11.26
263
257,710,281
5
VOLRADO VENTURE PARTNERS FUND IV GAMMA
979,887
11.26
263
257,710,281
6
ABAKKUS DIVERSIFIED ALPHA FUND-2
570,342
6.55
263
149,999,946
7
ANCHORAGE CAPITAL FUND – ANCHORAGE CAPITAL SCHEME I
570,342
6.55
263
149,999,946
8
CANARA HSBC LIFE INSURANCE CO LTD
570,342
6.55
263
149,999,946
9
KOTAK MAHINDRA LIFE INSURANCE COMPANY LTD
570,342
6.55
263
149,999,946
10
SOCIETE GENERALE – ODI
380,430
4.37
263
100,053,090
11
GOLDMAN SACHS (SINGAPORE) PTE.- ODI
380,190
4.37
263
99,989,970
12
AUTHUM INVESTMENT AND INFRASTRUCTURE LIMITED
190,152
2.19
263
50,009,976
13
FUTURE GENERALI INDIA LIFE INSURANCE CO. LTD.- SHAREHOLDERS / NON UNIT LINKED
PAROS MULTI STRATEGY FUND VCC-LC PHAROS MULTI STRATEGY FUND SFI
190,152
2.19
263
50,009,976
14
LC PHAROS MULTI STRATEGY FUND VCC-LC PHAROS MULTI STRATEGY FUND SFI
190,152
2.19
263
50,009,976
15
RELIANCE GENERAL INSURANCE COMPANY LIMITED
190,152
2.19
263
50,009,976
TOTAL
8,702,031
100.00
2,288,634,153
Out of the total allocation of 8,702,031 Equity Shares to the Anchor Investors, 979,887 Equity Shares (i.e. 11.26% of the total allocation to Anchor Investors) to 1 domestic Mutual Funds through a total of 1 schemes.
Sr. No.
Name of Anchor Investor
No of Equity Shares Allocated
% of Anchor Investor Portion
Bid Price (₹ per Equity Shares)
Total Amount Allocated (₹)
1
QUANT MUTUAL FUND – QUANT BFSI FUND
979,887
11.26
263
257,710,281
TOTAL
979,887
11.26
257,710,281
ICICI Securities Limited, Axis Capital Limited and Citigroup Global Markets India Private Limited are the Book Running Lead Managers to the issue.