Deals28 Aug 2026, 11:00 pm
Gujarat Themis Biosyn Raises ₹750 Cr via QIP
AI Summary
Gujarat Themis Biosyn Ltd announced the successful completion of its Qualified Institutions Placement (QIP) after its Fund Raising Committee meeting on August 28, 2026. The company has issued and allotted 2,11,86,440 equity shares at an issue price of ₹354 per share, aggregating to ₹749,99,99,760. This issuance includes a discount of ₹18.57 per share, representing 4.98% of the floor price. The paid-up equity share capital has increased from ₹10,89,65,265 to ₹13,01,51,705. Key allottees include Quant Mutual Fund (holding 25.67%) and Kotak Mahindra Life Insurance (holding 13.33%).
Key Highlights
- Company successfully raised ₹749.99 Cr through QIP.
- 2,11,86,440 equity shares allotted at ₹354 each.
- Paid-up equity capital increased significantly post-allotment.
- Quant Mutual Fund and Kotak Mahindra Life Insurance are major allottees.
- QIP issue price included a discount of 4.98% to the floor price.
Price Impact
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