- Anchor Investors are those institutional investors whose investment in an IPO motivates others to invest. These investors boost the confidence of the retail investors. They are also called Celebrity Investors.
- Lock in period for the Anchor Investors has been reduced to 30 days for public issues exceeding 10000 crore rupees.
- Role of Anchor Investors and NIIs is crucial to inspiring retail investors' confidence.
- LIC will dilute 3.5% of her total shares. SEBI reduced the threshold to 5%, particularly for LIC.
Question:
Q.1 What is the revised lock-in period for Anchor Investors?a. 30 days
b. 45 days
c. 90 days
d. 120 days
