Muthoot Microfin IPO issue opens on Dec 18
Microfinance institution Muthoot Microfin has mobilised
nearly Rs 285 crore through its anchor book launched for a day on December 15,
a day before the opening of the issue.
More than 20 institutional investors participated in the
anchor book of the company, including marquee names like WCM International, JNL
Multi-Manager International, North Carolina Supplemental Retirement Plans,
Clearwater International Fund, Florida Retirement System, Morgan Stanley,
Integrated Core Strategies, Copthall Mauritius Investment and Societe Generale.
Several insurance companies, including ICICI Prudential Life
Insurance, HDFC Life Insurance, Bajaj Allianz Life Insurance, Kotak Mahindra
Life Insurance, SBI General Insurance, ICICI Lombard General Insurance,
Cholamandalam MS General Insurance and Pramerica Life Insurance also invested
in the UK-based private equity investor Greater Pacific Capital-backed company
via anchor book.