What is the anchor investor concept?

What is the anchor investor concept?The anchor investor is a recently introduced category of investor in the Initial Public Offer (IPO). A Qualified Institutional Buyer who gets firm allotment in an IPO of up to 30% of the institutional quota is an anchor investor. The lock-in period for such an investor is 30 days. This is done to instill a higher degree of confidence among the investing community, as an anchor investor is its brand ambassador.

Check Also

मासिक राशिफल मार्च 2024: ज्योतिषी चिराग बेजान दारूवाला

मासिक राशिफल नवंबर 2024: ज्योतिषी चिराग बेजान दारूवाला

मासिक राशिफल नवंबर 2024: वृषभ, कर्क, सिंह समेत 4 राशियों के लिए नवंबर का महीना …