Capri Global Capital Ltd Raises 2,000 Crores Through Successful QIP Offering

Capri Global Capital Limited, a non-banking financial company, has successfully completed its Qualified Institutions Placement (QIP), raising primary equity capital of 2,000 crores by issuing approximately 136.5 million shares to Qualified Institutional Buyers. The issue witnessed an overwhelming response from a diverse pool of institutional investors, including foreign and domestic long-only funds, mutual funds, and insurance companies. The capital raised will enable the company to capitalize on growth opportunities, expand its geographical presence, invest in AI & data science capabilities, and strengthen its capital base. This marks the first QIP by the Company in the last decade, reflecting its robust financial performance, positive outlook, and strong growth potential.