Anthem Biosciences IPO: Issue booked nearly 64x on day 3, QIBs take lead; here's how to check allotment

According to NSE data until 5 PM, the issue was subscribed 63.86 times, with total bids received for 28,144,347,40 shares against the offered 4,407,0682 shares.

The portion reserved for qualified institutional buyers '(QIBs) saw the highest response with 182.65 times of subscription, followed by the non-institutional investors (NIIs), which was booked 42.35 times at the end of the last day of IPO. The retail investors' portion was subscribed 5.64 times.

The initial public offering of Anthem Biosciences Ltd opened for public subscription on Monday, July 14. The initial share sale, with a price band of ₹540 to ₹570 per share, will end on July 16.

The issue is looking to raise ₹3,395 crore via the offer for sale of 5.96 crore shares. The company will not get any IPO proceeds, as there is no fresh issuance of shares. The money generated will go to selling shareholders.

Last week, Anthem Biosciences collected ₹1,016 crore in the anchor round from investors, including Abu Dhabi Investment Authority, Eastspring Investments, Government Pension Fund Global, Amundi Funds, PineBridge Global Funds, Societe Generale, HDFC Mutual Fund (MF), Axis MF, UTI MF, Quant MF, and ICICI Prudential MF.

The firm allocated 1.78 crore shares to 60 funds at ₹570 per unit at the upper price band.

Anthem Biosciences IPO allotment is likely to be finalised on July 17. The company's shares will debut on the NSE and the BSE on July 21.

• Chose ‘Equity & SME IPO bid details’

• Select Anthem Biosciences from the list of IPO names

• Enter your application number and PAN details.

• Click ‘Submit’ to view the status of your IPO allotment.

• Select ‘Anthem Biosciences’ as the issue type.

• From the dropdown menu, select ‘Anthem Biosciences.’ Identify yourself using either PAN details or the IPO application number.

• Click on the ‘I’m not a robot’ tab and press the ‘Search’ button to see the allotment details.