Apar Industries Allots 16.88 Lakh Shares for ₹2500 Cr via QIP
Apar Industries Ltd has successfully completed its Qualified Institutions Placement (QIP), allotting 16,88,618 equity shares at an issue price of ₹14,805 per share, aggregating approximately ₹2500 crores. The allotment was approved by the Share Issue Committee of Directors. This issuance increases the company's paid-up equity share capital from ₹40.18 crores to ₹41.87 crores. The trading window, which was closed since August 7, 2026, will reopen on August 16, 2026. The filing also includes Annexure A, listing allottees who received more than five percent of the shares offered, with major allottees including ICICI Prudential Flexicap Fund, HDFC Trustee Company Limited- HDFC Flexi Cap Fund, and SBI Contra Fund, each receiving 10% of the shares.
Key Highlights
- Apar Industries raised approximately ₹2500 crores through a QIP.
- 16,88,618 equity shares were allotted at ₹14,805 per share.
- The company's paid-up equity share capital has increased.
- Major mutual funds and foreign portfolio investors were among the allottees.
- Trading window to reopen on August 16, 2026.
Price Impact
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