By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com
- Initial Public Offer to open on August 8, 2018 and to close on August 10, 2018
- Price Band: Rs. 418 to Rs. 422 per Equity Share
CreditAccess Grameen Limited (the “Company” or “Issuer”), allotted 80,41,617 equity shares to 23 anchor investors at Rs. 422 per Equity Share (upper end of the Price Band) aggregating to Rs. 339.36 crore.
Anchor investors include: 1) NEUBERGER BERMAN EMERGING MARKETS EQUITY FUND 13.26%; 2) ICICI PRUDENTIAL BANKING AND FINANCIAL SERVICES FUND 11.79%; 3) EASTSPRING INVESTMENTS INDIA EQUITY OPEN LIMITED 10.81%; 4) PICTET – INDIAN EQUITIES 9.43%; 5) SUNDARAM MUTUAL FUND A/C SUNDARAM RURAL AND CONSUMPTION FUND 7.37%; 6) HDFC STANDARD LIFE INSURANCE COMPANY LIMITED 5.89%; 7) EDELWEISS ALTERNATIVE INVESTMENT OPPORTUNITIES TRUST-EDELWEISS CROSSOVER OPPORTUNITIES FUND 5.75%; 
TATA VALUE FUND SERIES 1 4.42%; 9) CITIGROUP GLOBAL MARKETS MAURITIUS PRIVATE LIMITED 4.13%; 10) MIRAE ASSET INDIA SECTOR LEADER EQUITY FUND 3.31%; 11) IIFL FOCUSED EQUITY FUND 2.95%; 12) BNP PARIBAS ARBITRAGE 2.48%; 13) CANARA ROBECO MUTUAL FUND A/C CANARA ROBECO EQUITY TAX SAVER FUND 2.36%; 14) MIRAE ASSET INDIA SOLOMON EQUITY INVESTMENT TRUST 1 1.99%; 15) BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED 1.87%; 16) EASTSPRING INVESTMENTS-INDIA EQUITY FUND 1.86%; 17) HSBC SMALL CAP EQUITY FUND 1.51%; 18) TATA VALUE FUND SERIES 2 1.48%; 19) TATA BANKING & FINANCIAL SERVICES FUND 1.48%; 20) INDIA ACORN FUND LTD 1.47%; 21) AL MEHWAR COMMERCIAL INVSTMENTS LLC – (WHITING) 1.47%; 22) ASHOKA INDIA EQUITY INVESTMENT TRUST PLC 1.47%; 23) ASHOKA PTE LTD 1.47 %.
The Company proposes to open on August 8, 2018, an initial public offering of equity shares of Face Value of Rs. 10 each (“Equity Shares”) for cash at a Price per Equity Share (including a Share Premium) (“Offer”) comprising a fresh issue of up to [●] Equity Shares aggregating up to Rs. 6,300 million (“Fresh Issue”) and an offer for sale of up to 11,876,485 Equity Shares by the Promoter, CreditAccess Asia N.V. (“Promoter Selling Shareholder” and such offered shares, the “Offered Shares”) (“Offer For Sale”).
The Bid/Offer Period closes on August 10, 2018.
The Price Band for the Offer is from Rs. 418 to Rs. 422 per Equity Share. Bids can be made for a minimum lot of 35 Equity Shares and in multiples of 35 Equity Shares thereafter.
The Equity Shares are proposed to be listed on BSE and NSE.
The Book Running Lead Managers (“BRLMs”) to the Offer are ICICI Securities Limited, Credit Suisse Securities (India) Private Limited, IIFL Holdings Limited and Kotak Mahindra Capital Company Limited. Read more
