Apar Industries gains after launching QIP; floor price set at Rs 14,801.25/share
Mumbai, Aug. 11 -- The company's share issue committee of directors approved the opening of the issue on 10 August 2026.
The floor price of Rs 14,801.25 per share is at a discount of 9.97% to the scrip's previous closing price of Rs 16,440.35 on the BSE.
The company may offer a discount of not more than 5% on the floor price so calculated for the issue. The issue price will be determined in consultation with the bookrunning lead managers appointed for the issue.
APAR Industries manufactures conductors, transformers, specialty oils, and power and telecom cables. The company exports to more than 140 countries and operates manufacturing facilities in India and the UAE. Its business is organized into three key segments: Conductors, Transfo...
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