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Out of the total allocation of 2,25,00,000 equity shares to the anchor investors, 75,00,000 equity shares were allocated to 7 domestic mutual funds through a total of 15 schemes amounting to Rs. 270 crore i.e. 33.33% of the Total Anchor Book Size.
The issue will open for subscription on February 21 and will close on February 23.
Juniper Hotels Ltd, which runs hotels under the "Hyatt" brand, has received final observation from the Securities and Exchange Board of India (SEBI) to raise Rs 1800 crore through an initial public offering (IPO).