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  3. TBO TEK LIMITED RAISES ₹ 696.5 CRORE FROM 47 ANCHOR INVESTORS AT THE UPPER PRICE BAND ₹ 920 PER EQUITY SHARE
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TBO TEK LIMITED RAISES ₹ 696.5 CRORE FROM 47 ANCHOR INVESTORS AT THE UPPER PRICE BAND ₹ 920 PER EQUITY SHARE

 TBO TEK LIMITED RAISES ₹ 696.5 CRORE FROM 47 ANCHOR INVESTORS AT THE UPPER PRICE BAND ₹ 920 PER EQUITY SHARE

TBO Tek Limited, has allotted 7,570,807 Equity Shares to 47 anchor investors and raised ₹ 696.5 crore ahead of company’s proposed IPO at the upper price band of ₹ 920 per equity share (including premium of ₹ 919 per equity shares) with face value of ₹ 1 per share.

The anchor allocation is as follows:

Sr. No.Name of Anchor InvestorNo. of Equity Shares allocated% of Anchor Investor PortionBid price (₹ per Equity Share)Total amount allocated (₹)
1ABU DHABI INVESTMENT AUTHORITY – MONSOON408,7045.4%920376,007,680
2GOVERNMENT PENSION FUND GLOBAL408,7045.4%920376,007,680
3ICICI PRUDENTIAL TECHNOLOGY FUND173,9202.3%920160,006,400
4ICICI PRUDENTIAL ELSS TAX SAVER FUND169,5522.2%920155,987,840
5ICICI PRUDENTIAL EXPORTS AND SERVICES FUND65,2320.9%92060,013,440
6KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK BUSINESS CYCLE FUND171,6162.3%920157,886,720
7KOTAK PIONEER FUND171,6162.3%920157,886,720
8KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK TECHNOLOGY FUND65,4720.9%92060,234,240
9NEUBERGER BERMAN INVESTMENT FUNDS PLC/NEUBERGER BERMAN EMERGING MARKETS EQUITY FUND408,7045.4%920376,007,680
Sr. No.Name of Anchor InvestorNo. of Equity Shares allocated% of Anchor Investor PortionBid price (₹ per Equity Share)Total amount allocated (₹)
10NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND322,6244.3%920296,814,080
11NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA MULTI ASSET FUND86,0801.1%92079,193,600
12NOMURA FUNDS IRELAND PUBLIC LIMITED COMPANY- NOMURA FUNDS IRELAND – INDIA EQUITY FUND408,7045.4%920376,007,680
13SBI TECHNOLOGY OPPORTUNITIES FUND408,7045.4%920376,007,680
14AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS SPECIAL SITUATIONS FUND65,2160.9%92059,998,720
15AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS VALUE FUND65,2160.9%92059,998,720
16AXIS MUTUAL FUND TRUSTEE LTD. A/C AXIS MUTUAL FUND A/C AXIS BALANCED ADVANTAGE FUND86,9601.1%92080,003,200
17BLACKROCK GLOBAL FUNDS – INDIA FUND217,3922.9%920200,000,640
18EASTSPRING INVESTMENTS – ASIA OPPORTUNITIES EQUITY FUND217,3922.9%920200,000,640
19FIDELITY FUNDS – INDIA FOCUS FUND217,3922.9%920200,000,640
20FIDELITY INVESTMENT TRUST FIDELITY EMERGING ASIA FUND217,3922.9%920200,000,640
21FRANKLIN INDIA OPPORTUNITES FUND217,3922.9%920200,000,640
22GOLDMAN SACHS FUNDS – GOLDMAN SACHS INDIA EQUITY PORTFOLIO217,3922.9%920200,000,640
23HSBC GLOBAL INVESTMENT FUNDS – INDIAN EQUITY217,3922.9%920200,000,640
24ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED217,3922.9%920200,000,640
25INVESCO INDIA EQUITY FUND217,3922.9%920200,000,640
26MIRAE ASSET MULTICAP FUND163,0562.2%920150,011,520
27MIRAE ASSET MULTI ASSET ALLOCATION FUND54,3360.7%92049,989,120
Sr. No.Name of Anchor InvestorNo. of Equity Shares allocated% of Anchor Investor PortionBid price (₹ per Equity Share)Total amount allocated (₹)
28SBI GENERAL INSURANCE COMPANY LIMITED217,3922.9%920200,000,640
29SBI LIFE INSURANCE CO. LTD217,3922.9%920200,000,640
30TATA DIGITAL INDIA FUND217,3922.9%920200,000,640
31WHITEOAK CAPITAL FLEXI CAP FUND129,5201.7%920119,158,400
32WHITEOAK CAPITAL MID CAP FUND45,7440.6%92042,084,480
33WHITEOAK CAPITAL ELSS TAX SAVER FUND8,4000.1%9207,728,000
34WHITEOAK CAPITAL MULTI CAP FUND33,7280.4%92031,029,760
35ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED86,6921.1%92079,756,640
36BANDHAN LARGE CAP FUND86,6921.1%92079,756,640
37CANARA ROBECO MUTUAL FUND A/C CANARA ROBECO MULTI CAP FUND86,6921.1%92079,756,640
38CARMIGNAC PORTFOLIO86,6921.1%92079,756,640
39DSP MULTICAP FUND86,6921.1%92079,756,640
40EDELWEISS FOCUSED FUND43,3460.6%92039,878,320
41EDELWEISS TRUSTEESHIP CO LTD AC – EDELWEISS MF AC- EDELWEISS RECENTLY LISTED IPO FUND43,3460.6%92039,878,320
42KOTAK MAHINDRA LIFE INSURANCE COMPANY LTD.86,6831.1%92079,748,360
43MAX   LIFE  INSURANCE  COMPANY  LIMITED86,6921.1%92079,756,640
44MOTILAL OSWAL LARGE CAP FUND86,6921.1%92079,756,640
45OPTIMIX WHOLESALE GLOBAL EMERGING MARKETS SHARE TRUST86,6921.1%92079,756,640
46RBC ASIA PACIFIC EX-JAPAN EQUITY FUND86,6921.1%92079,756,640
47THE PRUDENTIAL ASSURANCE COMPANY LIMITED86,6921.1%92079,756,640
 Total7,570,807100% 6,965,142,440

Out of the total allocation of 7,570,807 Equity Shares to the Anchor Investors, 3,155,236 Equity Shares to 14 domestic Mutual Funds through a total of 26 schemes.

Sr. No.Name of SchemeNo. of Equity Shares allocated% of Anchor Investor PortionBid price (₹ per Equity Share)Total amount allocated (₹)
1ICICI PRUDENTIAL TECHNOLOGY FUND173,9202.3%920160,006,400
2ICICI PRUDENTIAL ELSS TAX SAVER FUND169,5522.2%920155,987,840
3ICICI PRUDENTIAL EXPORTS AND SERVICES FUND65,2320.9%92060,013,440
4KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK BUSINESS CYCLE FUND171,6162.3%920157,886,720
5KOTAK PIONEER FUND171,6162.3%920157,886,720
6KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK TECHNOLOGY FUND65,4720.9%92060,234,240
7NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND322,6244.3%920296,814,080
8NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA MULTI ASSET FUND86,0801.1%92079,193,600
9SBI TECHNOLOGY OPPORTUNITIES FUND408,7045.4%920376,007,680
10AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS SPECIAL SITUATIONS FUND65,2160.9%92059,998,720
11AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS VALUE FUND65,2160.9%92059,998,720
12AXIS MUTUAL FUND TRUSTEE LTD. A/C AXIS MUTUAL FUND A/C AXIS BALANCED ADVANTAGE FUND86,9601.1%92080,003,200
13FRANKLIN INDIA OPPORTUNITES FUND217,3922.9%920200,000,640
14MIRAE ASSET MULTICAP FUND163,0562.2%920150,011,520
15MIRAE ASSET MULTI ASSET ALLOCATION FUND54,3360.7%92049,989,120
16TATA DIGITAL INDIA FUND217,3922.9%920200,000,640
17WHITEOAK CAPITAL FLEXI CAP FUND129,5201.7%920119,158,400
18WHITEOAK CAPITAL MID CAP FUND45,7440.6%92042,084,480
19WHITEOAK CAPITAL ELSS TAX SAVER FUND8,4000.1%9207,728,000
20WHITEOAK CAPITAL MULTI CAP FUND33,7280.4%92031,029,760
21BANDHAN LARGE CAP FUND86,6921.1%92079,756,640
22CANARA ROBECO MUTUAL FUND A/C CANARA ROBECO MULTI CAP FUND86,6921.1%92079,756,640
23DSP MULTICAP FUND86,6921.1%92079,756,640
24EDELWEISS FOCUSED FUND43,3460.6%92039,878,320
25EDELWEISS TRUSTEESHIP CO LTD AC – EDELWEISS MF AC- EDELWEISS RECENTLY LISTED IPO FUND43,3460.6%92039,878,320
26MOTILAL OSWAL LARGE CAP FUND86,6921.1%92079,756,640
 Total3,155,23642% 2,902,817,120

Axis Capital Limited, Goldman Sachs (India) Securities Private Limited, Jefferies India Private Limited and JM Financial Limited are the Book Running Lead Managers to the Issue.

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