InvestorQ : What do we understand by the concept of anchor investors?
Deepa Salunkhe made post

What do we understand by the concept of anchor investors?

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Arya Nanda answered.
3 years ago
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Anchor investors are qualified institutional bidders (QIBs) who are roped in a day ahead of the IPO opening date. Anchor investors are allocated shares up to 60% of the QIB category. One-third of the Anchor Investor Portion is reserved for domestic mutual funds.

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