New Delhi, July 23 -- Rajoo Engineers, the plastic extrusion machinery manufacturer, on Wednesday, has announced raising Rs.160 crore through Qualified Institutional Placement (QIP).

Rajoo Engineers QIP was executed through the issuance of 1,46,78,900 equity shares at Rs.109.00 per share (face value Rs.1 each). The QIP opened on July 15, 2025 and closed on July 21, 2025.

Institutional investors, including Morgan Stanley Asia (Singapore), Rajasthan Global Securities Pvt. Ltd., Moneywise Financial Services Pvt. Ltd, HDFC Bank, Credit Access Life Insurance, BNP Paribhas Financials Markets - ODI, Dovetail India Fund - Class 14, among others, participated in the QIP.

"This QIP has significantly enhanced Rajoo's institutional investor base, ...