ALPHA TRIBE

Navin Fluorine International LimitedQIP/Rights/Pref., 11-07-2025: Allotment of Securities

11-07-2025 | 09:47 pm

Navin Fluorine has allotted 16,02,564 equity shares (face value ₹2 each) to Qualified Institutional Buyers at ₹4,680/share via QIP, raising about ₹750 Cr. Major investors include Abu Dhabi Investment Authority, Nippon Life, Whiteoak Capital, SBI Equity Savings, Government Pension Fund, Axis, Goldman Sachs, and others, each holding 5%+ of the issue. Post-issue, the paid-up equity capital increased to ₹102.38 Cr from ₹99.17 Cr. This fund infusion strengthens the company’s financial flexibility without promoter dilution.

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