Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Anchor allocation

18th Jan 2011 17:23

RNS Number : 6944Z
Tata Steel Limited
18 January 2011
 



 

 

 

January 18, 2011

 

 

Sub: Proposed further public issue of equity shares of Rs. 10 each (the "Equity Shares") of Tata Steel Limited (the "Company") (the "Issue")

 

The Committee of the Board of Directors of the Company by a resolution dated January 18, 2011, in consultation with the book running lead managers, has finalised allocation of 8,325,000 Equity Shares, in aggregate, to Anchor Investors at a price of Rs. 610 per Equity Share (including a premium of Rs. 600 per Equity Share), in the following manner:

 

Appl. No.

Applicant

No. of Equity Shares allocated

Percentage of the Anchor Investor Portion

1

FID Funds (Mauritius) Limited

320,620

3.9%

2

Abu Dhabi Investment Authority - Merlion

104,880

1.3%

3

Abu Dhabi Investment Authority - Behave

119,560

1.4%

4

Nomura Mauritius Limited

256,500

3.1%

5

Macquarie Bank Limited

192,370

2.3%

8

PCA India Infrastructure Equity Open Limited

256,500

3.1%

9

Credit Suisee (Singapore) Limited

160,310

1.9%

51

Monetary Authority of Singapore 'B'

168,360

2.0%

52

Government of Singapore

381,480

4.6%

53

Monetary Authority of Singapore

168,360

2.0%

54

Bajaj Allianz Life Insurance Company Limited

641,250

7.7%

56

Morgan Stanley Mauritius Company Limited

455,290

5.5%

58

Global Strategic Investments Limited

25,390

0.3%

59

Pictet Funds Mauritius Limited

40,420

0.5%

111

MetLife India Insurance Company Limited

76,950

0.9%

112

Indus Capital Advisors (UK) LLP A/C Indus India Fund (Mauritius) Limited

320,620

3.9%

113

Reliance Life Insurance Company Limited

54,400

0.7%

151

The India Fund Inc

52,190

0.6%

152

Geosphere (Mauritius) Fund Limited

128,250

1.5%

156

Emerging Markets Growth Fund Inc

473,850

5.7%

157

Capital International Emerging Markets Fund

225,110

2.7%

251

Broad Peak Mauritius Private Limited

641,250

7.7%

301

Barclays Capital Mauritius Limited

64,120

0.8%

302

Emerging Markets Management LLC A/C EMSAF - Mauritius

147,980

1.8%

303

Emerging Markets Management LLC A/C GRD7

73,990

0.9%

154 A

HDFC Trustee Company Limited - HDFC Equity Fund

402,000

4.8%

154 B

HDFC Trustee Company Limited - HDFC Top 200 Fund

455,000

5.5%

154 C

HDFC Trustee Company Limited - HDFC Long Term Advantage Fund

48,000

0.6%

201 A

ICICI Prudential Dynamic Plan

1,400,000

16.8%

201 B

ICICI Prudential Infrastructure Fund

314,000

3.8%

201 C

ICICI Prudential Power

95,000

1.1%

201 D

ICICI Prudential MIP 25

25,000

0.3%

201 E

ICICI Prudential Target Returns Fund

36,000

0.4%

Total

8,325,000

100.0%

 

In accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended, if the Issue Price fixed as a result of the book building exercise is higher than the price at which Anchor Investors have been allocated Equity Shares, Anchor Investors would be required to bring in the additional amount.

 

We request you to make the abovementioned information public by disclosing the same on your website.

 

Yours sincerely,

 

Tata Steel Limited

 

Sd/-

 

A Anjeneyan

Company Secretary and Chief of Compliance

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCDVLFFFFFLBBF

Related Shares:

Tata Steel
FTSE 100 Latest
Value8,842.64
Change-28.67