Speciality chemicals manufacturer Chemplast Sanmar, with a price band at Rs 530-541 per equity share, will open its initial public offering on August 10 and will close on August 12.
According to a circular shared on the BSE website, the company has decided to allocate 3,20,24,029 equity shares to anchor investors at Rs 541 per share. This allocation will value the transaction to Rs 1,732.5 crore.
Meanwhile, the companies participating in the anchor investments include SBI Mutual Fund (MF), Axis MF, ICICI Prudential MF, HDFC MF, HDFC Life Insurance Company, Abu Dhabi Investment Authority, Kuber India Fund, Goldman Sachs, Morgan Stanley Asia Pte Ltd, Nomura, Citigroup Global Markets Mauritius, and many more.
