The company has decided to allocate a total of 25,30,651 equity shares to anchor investors at Rs 630 apiece, aggregating the transaction size to Rs 159.43 crore, as per the circular uploaded on BSE.
The company, which offers Indian wedding and celebrations wear for men, women and kids, allotted 10,909,450 equity shares to 75 anchor investors at the upper price band of Rs 866 per equity share.
Anand Rathi IPO is set to open today. The company has decided to allocate 35.25 lakh equity shares to 12 anchor investors at Rs 550 apiece, valuing the transaction size at Rs 194 crore, according to a BSE circular.