Awfis Space Solutions Limited IPO - Fully Subscribed

Awfis Space Solutions Limited raises Rs 268.61cr from 32 anchor investors at the upper price band of Rs383 per equity share. The Anchor book included massive participation for an issue by both domestic and foreign institutional investors.

Prominent amongst foreign funds included Goldman Sachs Funds, Allianz Global Investors Fund, HSBC Global Investors Fund, Volrado Venture Partners Fund and Natixis International Funds.

Larger investment position was taken by Ashoka Whiteoak ICAV and Ashoka Whiteoak Emerging Markets Trust PLC

Subscription Data (as of 05:00 PM, May 22, 2024) QIB – 0.30x

NII – 2.76x - {(NII 10L+) – 2.40x, (NII 2L-10L) – 3.48x}, Retail – 6.02x

Employee - 3.52x

Total – 2.02x

Issue to close on Monday, May 27, 2024

Prominent Domestic Institutional Investors included HDFC Mutual Fund, Nippon Life India Trustee Ltd, Axis Mutual Fund, Canara Rebeco Mutual Fund, Motilal Oswal Large Cap Fund and Edelweiss Trusteeship Co Ltd