Quantitative Details
- Number of Shares Allotted: 2,11,86,440 equity shares of face value ₹1 each
- Issue Price: ₹354 per equity share (including a premium of ₹353 per share)
- Discount: ₹18.57 (4.98% of the floor price) as determined under SEBI ICDR Regulations
- Total Issue Size: ₹749,99,99,760
- Pre-Issue Capital: ₹10,89,65,265 consisting of 10,89,65,265 equity shares
- Post-Issue Capital: ₹13,01,51,705 consisting of 13,01,51,705 equity shares
Timeline
- QIP Opening Date: August 25, 2026
- QIP Closing Date: August 28, 2026
- Committee Meeting Date: August 28, 2026
- Meeting Duration: 10:15 p.m. to 10:30 p.m.
Major Allottees (Over 5% of Issue Size)
- Quant Mutual Fund - Quant Small Cap Fund: 54,37,833 shares (25.67%)
- Kotak Mahindra Life Insurance Company Ltd.: 28,24,859 shares (13.33%)
- Ayushmat Ltd: 24,01,130 shares (11.33%)
- Saint Capital Fund: 11,29,944 shares (5.33%)
- Capri Global Capital Limited: 14,12,430 shares (6.67%)
Additional Allottees
Other significant allottees include multiple schemes of Quant Mutual Fund and Bank of India funds, though each holding less than 5% individually.
Capital Structure Impact
The QIP resulted in significant dilution, increasing the total number of equity shares by approximately 19.45% from the pre-issue capital base.
Compliance Status
The company will submit the detailed shareholding pattern in the format specified under Regulation 31 of SEBI LODR Regulations along with the listing application.