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    Question

    An anchor investor is one of the

    following:
    A Non-qualified institutional buyer making application for value of INR 10 crore or more through book-building process Correct Answer Incorrect Answer
    B Qualified Institutional buyer making application for value of INR 10 crore or more through book-building process Correct Answer Incorrect Answer
    C Preferential Institutional Buyer making application for value of INR 10 crore or more through book-building process Correct Answer Incorrect Answer
    D Non Institutional Buyer making application for value of INR 10 crore or more through book-building process Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    An anchor investor is an institutional buyer who purchases a significant number of shares in a company at a fixed price before its initial public offering (IPO). This helps generate interest and attract other investors to the IPO.

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