
Investment6 Aug 2026, 09:10 pm
Globus Spirits Allots ₹200 Cr Equity via QIP
AI Summary
Globus Spirits Ltd has successfully completed a Qualified Institutions Placement (QIP), issuing 23,80,952 equity shares at ₹840 per share to eligible qualified institutional buyers. The issue, which opened on August 4, 2026, and closed on August 6, 2026, aggregated to ₹20,000 lakh (₹200 crore). This placement increases the company's paid-up equity share capital. Key allottees include Massachusetts Institute of Technology, 238 Plan Associates LLC, and India Capital Growth Fund Limited, all categorized as Foreign Portfolio Investors (Corporate). The company has also provided details on the discount offered against the floor price and the resulting increase in its share capital.
Key Highlights
- Globus Spirits raised ₹200 crore through a Qualified Institutions Placement.
- 23,80,952 equity shares were allotted at ₹840 per share.
- The QIP saw significant participation from foreign portfolio investors.
- The company's paid-up equity share capital has increased post-allotment.
- A discount of ₹43.67 per share was offered against the floor price.
Price Impact
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