Singapore Government entities lead ICICI Prudential AMC anchor book
ICICI Prudential AMC, one of the largest mutual fund houses, mobilized Rs 3,021.8 crore from 149 anchor investors at Rs 2,165 per share ahead of its initial public offering (IPO) that opens for bids on December 12. The Rs 10,600 crore IPO, the largest of a wave in December, is assisted by 18 investment banks.
While around a third was allocated to 27 domestic mutual funds through 77 schemes, state insurer LIC and Capital Group Global were the top investors with chunks larger than 5.6% each. The single largest buyer was the Singapore Government. Various sovereign funds bought net 14% of the overall anchor book. Other major buyers include seven schemes of HDFC Mutual Fund and two........





















Toi Staff
Sabine Sterk
Penny S. Tee
Gideon Levy
Waka Ikeda
Grant Arthur Gochin
Rachel Marsden