Archive · 13 Jun 2025
Capri Global Capital Raises Rs 2,000 Crore Via QIP
Capri Global Capital, a lending company, successfully raised around 2,000 crore rupees by selling new shares through a Qualified Institutions Placement (QIP).
They sold these shares to big investors like mutual funds and insurance companies.
The company will use the money to grow, expand, and invest in technology, including AI and data centers.
The shares were issued at a price of Rs 146.50 each.
The QIP was open from June 9 to June 12.
Capri Global Capital raised approximately Rs 2,000 crore via a Qualified Institutions Placement (QIP).
The company issued about 136.5 million equity shares to Qualified Institutional Buyers.
The issue price was set at Rs 146.50 per share, including a premium.
The QIP opened on June 9 and closed on June 12.
Funds will be used to capitalize on growth opportunities, expand presence, and invest in technology.
- Who
- Capri Global Capital Ltd.
- What
- Capri Global Capital raised approximately Rs 2,000 crore through a QIP.
- When
- The QIP opened on June 9 and closed on June 12.
- Where
- The news pertains to the financial market and specifically to Capri Global Capital.
- Why
- To capitalize on growth opportunities, expand its presence, invest in technology, and strengthen its capital base.
- Amount Raised
- Rs 2,000 crore
- Issue Price per Share
- Rs 146.50
- Shares Issued
- 13,65,18,770
- QIP Open Date
- June 9
- QIP Close Date
- June 12
