- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
KEI Industries Limited has announced a Qualified Institutional Placement (QIP) of equity shares, allotting 52,63,157 shares at an issue price of ₹3,800 each, raising ₹20,000 million. This price reflects a discount of ₹80.54 (approximately 2.08%) from the floor price. The funds raised will bolster the company’s financial position and support future growth initiatives. Post-allotment, the paid-up equity share capital increases to ₹19,11,05,190 with 9,55,52,595 shares outstanding. Notable investors in the allotment include various ICICI Prudential funds and the Government Pension Fund Global.