Archive · 6 Dec 2025
Authum Investment raises ₹400 crore via NCRPS
Authum Investment & Infrastructure Ltd raised ₹400 crore by issuing 40 lakh NCRPS (Non-Convertible Redeemable Preference Shares) to its promoter group.
Each share was issued at ₹1,000, which includes a premium of ₹990.
The company's shares on the BSE (Bombay Stock Exchange) went up by ₹45.15, or 1.74%, ending at ₹2,645.00.
This fundraising helps the company get more money to grow or support its business.
Authum Investment raised ₹400 crore through 40 lakh NCRPS issued to the promoter group.
Each NCRPS was issued at ₹1,000, including a premium of ₹990.
The company's shares on the BSE increased by 1.74%, ending at ₹2,645.00.
The total fundraising aggregated to ₹400 crore.
The issue price per share was ₹1,000.
- Who
- Authum Investment & Infrastructure Ltd
- What
- Raised ₹400 crore through NCRPS
- When
- Not specified
- Where
- Not specified
- Why
- To raise funds from promoter group
- Amount Raised
- ₹400 crore
- Number of Shares Issued
- 40 lakh NCRPS
- Issue Price per Share
- ₹1,000
- Premium per Share
- ₹990
- Stock Price Change
- ₹2,645.00 (up ₹45.15 or 1.74%)