By Kavita Mistry 
Along with the other changes, SEBI in its release said that more anchor investors can now get shares if the amount is over Rs 250 crore. According to the changes, minimum five and maximum 15 investors can share up to Rs 250 crore. Which means that for every extra Rs 250 crore, 15 more investors can be added. This will help big investors to join and spread the risk.
It was further clarified that each investor must get at least Rs 5 crore. With the new changes, life insurance companies and pension funds can now also get reserved shares, like mutual funds. However, one-third of the anchor share is for mutual funds, while the rest is for insurance and pension funds.
The total anchor share reservation has also been increased from 33% to 40%.