Piramal Finance Limited has completed a Qualified Institutions Placement (QIP) of equity shares. The Committee of Directors (Administration, Authorisation & Finance) approved the allotment at its meeting held on 28th August, 2026.

Key Quantitative Figures

  • Number of shares allotted: 99,52,606 equity shares of face value ₹2 each
  • Issue price: ₹2,110 per share (including premium of ₹2,108 per share)
  • Total issue size: ₹20,99,99,98,660 (₹2,099.999866 crore)
  • Pre-issue paid-up capital: ₹45.34 crore (22,66,77,700 shares)
  • Post-issue paid-up capital: ₹47.33 crore (23,66,30,306 shares)

Major Allottees (Over 5% of Issue)

The following entities received significant allocations (PAN-clubbed basis):

  • ICICI Prudential Mutual Fund: 900,474 shares (9.047%)
  • ICICI Prudential Banking and Financial Services Fund: 643,195 shares
  • ICICI Prudential Equity Savings Fund: 214,399 shares
  • iSIF Active Asset Allocator Long-Short Fund: 42,880 shares
  • Kotak Mahindra Mutual Fund: 829,384 shares (8.333%)
  • Kotak Flexicap Fund: 710,901 shares
  • Kotak Balanced Advantage Fund: 63,191 shares
  • Kotak Focused Fund: 55,292 shares
  • Nippon India Mutual Fund: 829,384 shares (8.333%)
  • Nippon India Growth Mid Cap Fund: 206,058 shares
  • Nippon India Multi Cap Fund: 257,573 shares
  • Nippon India Balanced Advantage Fund: 30,909 shares
  • Nippon India Value Fund: 128,786 shares
  • Nippon India Small Cap Fund: 206,058 shares
  • Goldman Sachs Funds: 750,494 shares (7.5407%)
  • Goldman Sachs India Equity Portfolio: 750,494 shares
  • BlackRock Global Funds: 592,418 shares (5.9524%)
  • BlackRock Global Funds - India Fund: 592,418 shares
  • Aditya Birla Sun Life Mutual Fund: 592,418 shares (5.9523%)
  • Multiple schemes including Conglomerate Fund, Banking and Financial Services Fund, Multi-Cap Fund, Special Opportunities Fund, Value Fund, and others
  • Motilal Oswal Mutual Fund: 592,418 shares (5.9523%)
  • Motilal Oswal Multi Cap Fund: 426,540 shares
  • Motilal Oswal Active Momentum Fund: 142,180 shares
  • Motilal Oswal Special Opportunities Fund: 23,698 shares
  • Quant Mutual Fund: 592,418 shares (5.9523%)
  • Multiple schemes including Equity Savings Fund, various Long-Short funds, and Sector Rotation fund
  • Axis Mutual Fund: 592,418 shares (5.9523%)
  • Axis Midcap Fund: 222,157 shares
  • Axis Small Cap Fund: 222,157 shares
  • Axis ESG Integration Strategy Fund: 148,104 shares

Additional Information

The shareholding pattern of the Company, before and after the Issue, will be submitted separately in the format specified in Regulation 31 of the SEBI Listing Regulations.

The disclosure is signed by Bipin Singh, Company Secretary, and was digitally signed on 28th August, 2026 at 21:34:26.