Dhoot Transmission Ltd has raised Rs 918.27 crore from 72 anchor investors ahead of its Rs 3,067 crore initial public offering, allotting 1,05,42,657 equity shares at the upper price band of Rs 871 apiece. The shares have a face value of Rs 2 each, including a share premium of Rs 869 per equity share.
Domestic mutual funds accounted for the bulk of the anchor allocation. Of the 1,05,42,657 shares allotted, 64,59,984 shares, or 61.27% of the total anchor allocation, were allotted to eight domestic mutual funds through 46 schemes. Another 9,21,895 shares, representing 8.74% of the anchor allocation, were allotted to life insurance companies and pension funds.
