Anchor Investor Archives - indiabusinessview

Discretion and IPOs don’t mix well

July 12, 2009August 20, 2014Editor

India’s initial public offer (IPO) market has evolved over the years, from when the issue price was set by a government body called the Controller of Capital Issues to now where investors bid in a book-built issue to determine the price.

IPOs get a new anchor

July 12, 2009August 20, 2014Editor

Securities Exchange Board of India (Sebi) has amended the public issue guidelines on a few fronts to allow anchor investors in public issues. These are the people who will stick their neck out in an issue to take a big chunk at a predetermined price.

Here are the changes:|