Description
Board finalizes allocation of 11,95,200 equity shares to 5 anchor investors at Rs. 108 per share for upcoming IPO.
Summary
B. D. Industries (Pune) Limited has finalized the allocation of 11,95,200 equity shares to anchor investors at Rs. 108 per share (including share premium of Rs. 98) as part of its public issue of up to 42,00,000 equity shares of face value Rs. 10 each.
Key Points
- Total anchor allocation: 11,95,200 equity shares at Rs. 108 per share
- Total amount raised from anchors: Rs. 12,90,81,600
- Five anchor investors participated, no mutual funds applied
- Company manufactures plastic products including automotive components, road safety products, and waste management equipment
- Board meeting held on July 29, 2025 to finalize allocations
Anchor Investor Details
- Negen Undiscovered Value Fund: 4,17,600 shares (34.94%) - Rs. 4,51,00,800
- Abans Finance Private Limited: 4,04,400 shares (33.84%) - Rs. 4,36,75,200
- YR Investment Opportunities Fund: 1,86,000 shares (15.56%) - Rs. 2,00,88,000
- Saint Capital Fund: 93,600 shares (7.83%) - Rs. 1,01,08,800
- Ekamya Pragati Scheme - 1: 93,600 shares (7.83%) - Rs. 1,01,08,800
Compliance Requirements
- If final issue price through book building is higher than Rs. 108, anchor investors must pay the difference by specified pay-in date
- Information disclosed as per SEBI (Issue of Capital and Disclosure Requirement) Regulations, 2018
- Notification sent to both BSE and SEBI
Important Dates
- Board meeting date: July 29, 2025
- Anchor allocation finalized: July 29, 2025
Impact Assessment
Positive market signal with strong anchor investor participation covering 28.5% of the total issue size. The participation of institutional investors like Negen Undiscovered Value Fund and financial entities suggests confidence in the company’s prospects in the plastic manufacturing sector.
Impact Justification
IPO anchor allocation announcement for plastic manufacturing company - relevant for potential investors