StockWatch
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Breweries & Distilleries
Investment6 Aug 2026, 09:10 pm

Globus Spirits Raises ₹200 Cr via QIP

AI Summary

Globus Spirits Ltd has successfully raised ₹20,000 lakh (₹200 crore) through a Qualified Institutions Placement (QIP). The Fund Raising Committee approved the issuance of 23,80,952 equity shares at an issue price of ₹840 per share. The issue, which opened on August 4, 2026, and closed on August 6, 2026, saw a discount of ₹43.67 per share against the floor price of ₹883.67. This allotment increases the company's paid-up equity share capital from ₹29.08 crore to ₹31.46 crore. Key allottees include Massachusetts Institute of Technology, 238 Plan Associates LLC, and India Capital Growth Fund Limited, all categorized as Foreign Portfolio Investors (Corporate).

Key Highlights

  • Globus Spirits raised ₹200 crore via Qualified Institutions Placement.
  • 23,80,952 equity shares allotted at ₹840 per share.
  • Issue price included a discount of 4.94% against the floor price.
  • Paid-up equity share capital increased to ₹31.46 crore.
  • Major allottees are foreign portfolio investors.