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Endurance Technologies, ahead of the IPO, has allotted 73.84 lakh shares to anchor investors at an offer price of ₹472 a share, which is the upper end of the price band, aggregating to ₹348.52 crore.
The anchor investors include Goldman Sachs, Nomura, HSBC, Government of Singapore, DSP BlackRock, I-Pru MF and HDFC MF, among others.
The company’s IPO opens on Wednesday in a price band of ₹467-472 a share. The auto parts maker is putting over 2.46 crore shares of face value ₹10 each on the block, of which over 1.93 crore shares will be sold by Actis Components and System Investments Ltd and 53.17 lakh shares by Anurang Jain, promoter, through offer-for-sale. The offer constitutes up to 17.50 per cent of the fully diluted post-offer paid-up equity share capital of the company.
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