Description
BSE notification regarding the allocation of shares to anchor investors in the public issue of INDO SMC LIMITED.
Summary
BSE has issued a notification regarding the allocation of shares to anchor investors in the public issue of INDO SMC LIMITED. This circular provides details about the anchor investor portion allocation ahead of the main IPO opening.
Key Points
- Allocation to anchor investors completed for INDO SMC LIMITED public issue
- Anchor investor allocation typically occurs one day before IPO opens to retail investors
- Details of allocation quantity and pricing disclosed to the exchange
- Part of the standard IPO process for companies listing on BSE
Regulatory Changes
No regulatory changes introduced. This is a notification of anchor investor allocation as per existing SEBI IPO guidelines.
Compliance Requirements
- Lead managers must disclose anchor investor allocation details to the exchange
- Anchor investor lock-in period of 30/90 days applies as per SEBI regulations
- Issuer company must comply with minimum subscription requirements
Important Dates
- Anchor Investor Allocation Date: January 12, 2026
- IPO opening date for retail investors: To be confirmed (typically T+1 day)
Impact Assessment
This notification has medium impact on the specific company (INDO SMC LIMITED) and its potential investors. Anchor investor allocation is a positive indicator of institutional interest in the IPO. The pricing and allocation details provide insights into demand and valuation. Limited direct impact on broader market participants unless they are interested in participating in this specific IPO.
Impact Justification
Relates to anchor investor allocation in IPO, important for tracking new listing activity but has limited immediate market-wide impact