Key Quantitative Figures

  • Total Equity Shares Allotted: 7,11,00,000 equity shares of face value ₹1 each
  • Issue Price: ₹227 per equity share (including premium of ₹226 per share)
  • Discount: ₹11.92 per share (4.99% discount to floor price)
  • Total Issue Size: ₹16,13,97,00,000 (₹1,613.97 crore)
  • Pre-Issue Paid-up Capital: ₹52,69,71,060 (52,69,71,060 equity shares)
  • Post-Issue Paid-up Capital: ₹59,80,71,060 (59,80,71,060 equity shares)

Dates and Timeline

  • QIP Opening Date: July 23, 2026
  • QIP Closing Date: July 28, 2026
  • Management Committee Meeting Date: July 28, 2026
  • Meeting Duration: 11:30 p.m. to 11:45 p.m.

Regulatory Framework

The QIP was conducted under:

  • Chapter VI of SEBI ICDR Regulations, 2018
  • Sections 42 and 62 of Companies Act, 2013
  • Disclosure made under Regulation 30 of SEBI Listing Regulations
  • SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762/2026 dated January 30, 2026

Allottee Details (5%+ of Issue Size)

The following allottees received more than 5% of the total issue:

1. Goldman Sachs Funds - Goldman Sachs India Equity Portfolio (FPI)

  • Shares Allotted: 42,32,229
  • Percentage: 5.95%

2. VQ Fastercap Fund (AIF)

  • Shares Allotted: 39,64,758
  • Percentage: 5.58%

3. Mirae Asset (Clubbed PAN - Multiple Funds)

  • Total Shares Allotted: 44,05,286
  • Percentage: 6.20%
  • Breakdown:
  • Mirae Asset Great Consumer Fund: 20,42,186 shares (2.87%)
  • Mirae Asset Infrastructure Fund: 3,20,914 shares (0.45%)
  • Mirae Asset Multicap Fund: 9,48,158 shares (1.33%)
  • Mirae Asset Small Cap Fund: 9,48,158 shares (1.33%)
  • Platinum Hybrid Long-Short Fund SIF: 1,45,870 shares (0.21%)

4. Tata Mutual Fund (Clubbed PAN - Multiple Funds)

  • Total Shares Allotted: 39,64,757
  • Percentage: 5.58%
  • Breakdown:
  • Tata ELSS Fund: 18,06,168 shares (2.54%)
  • Tata India Consumer Fund: 5,15,419 shares (0.72%)
  • Tata Dividend Yield Fund: 3,96,475 shares (0.56%)
  • Tata Retirement Savings Fund-Progressive Plan: 5,37,444 shares (0.76%)
  • Tata Retirement Savings Fund-Moderate Plan: 3,96,475 shares (0.56%)
  • Tata Housing Opportunities Fund: 3,08,370 shares (0.43%)
  • Tata Retirement Savings Fund-Conservative Plan: 4,406 shares (0.01%)

Capital Structure Impact

The QIP results in significant dilution, increasing the total number of equity shares from 52,69,71,060 to 59,80,71,060. The shareholding pattern will be submitted separately as required under Regulation 31 of SEBI Listing Regulations.

Additional Documents

  • Certified copy of Management Committee resolution (Annexure II)
  • Complete list of allottees receiving more than 5% of issue (Annexure A)