Online food delivery giant Zomato raised Rs 4,197 crore from 186 anchor investors on Tuesday ahead of its initial public offering (IPO). The company had allotted 55.22 crore equity shares to anchor investors for Rs 76 apiece.

The key anchor investors are Tiger Global, BlackRock New World Fund, Axis Mutual Fund, SBI MF, and HDFC MF. It may be noted that the funds raised through anchor investors are almost 45 per cent of the total issue size.

Zomato has reserved 75 per cent of the issue for qualified institutional buyers (IQIBs) while 25 per cent has been reserved for high net worth individuals and retail investors. The anchor allotment is usually conducted a day before the IPO, and it provides an insight into the demand and quality of the issue.

Read | Zomato IPO: Check price band, opening date and other details

Marquee investors such as Morgan Stanley Investment Fund, Canada Pension Plan Investment Fund, Baillie Gifford Pacific Fund, Fidelity Fund, Government of Singapore, Kotak Flixicap Fund and others were allotted more than 2 per cent of the anchor book.

Of the total allocation, 18.41 crore shares were given to 19 domestic mutual funds including SBI, HDFC, Aditya Birla, Kotak, Axis, Nippon India, IIFL, Sundaram, Tata and more.

The Zomato IPO opened for subscription earlier in the day and has received a good response from retail investors. The IPO comprises equity shares worth Rs 9,000 crore and an offer for sale (OFS) worth Rs 375 crore by existing investor Info Edge