PTC Inds climbs after raising Rs 1,799 crore through QIP issue
Mumbai, Oct. 12 -- The QIP opened on October 6 and closed on October 9, 2026. The company's Listing and Fund-Raising Committee approved the allotment of shares at its meeting held on October 9.
The company allotted 8,54,700 equity shares to the eligible qualified institutional buyers at the issue price of Rs 21,060 per equity share including a premium of Rs 21,050 per equity share, aggregating to Rs 1,799 crore.
Following the allotment, PTC Industries' paid-up equity share capital increased to Rs 15.85 crore from Rs 14.99 crore, while the number of outstanding equity shares rose to 1.58 crore from 1.50 crore.
Among the major allottees, Smallcap World Fund Inc received 1,64,230 shares, accounting for 19.21% of the total issue size. Fide...
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