FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Who are anchor investors in an IPO?

Anchor investors are qualified institutional investors (QIIs) who bid for an IPO above Rs 10 crore. Maximum 60% of QIB reservation quota can be offered to anchor investors. They can apply for an IPO one day before the IPO opening day.

Anchor investors cannot sell their shares before 30 days as their shares are locked for the period.

Answered on

I Like It.

  1. The Pioneer Discount Broker
  2. Get 100% Free Delivery Trading
  3. Free Direct Mutual Funds & SIP

User Reviews