Archive · 7 Sep 2025
Kellton Tech Stock in Focus After Fundraise Announcement
Imagine a company called Kellton Tech Solutions, whose stock price is currently under ₹50.
They've decided to raise money in a few ways.
First, they'll issue bonds in foreign currency, potentially getting up to $50 million.
They're also planning to issue new shares to institutional investors, aiming to raise up to ₹250 crore.
Finally, the company is also increasing the total amount of shares they are allowed to issue.
The stock price has been up and down recently, but on Friday, it closed at ₹25.50.
Investors will be watching the stock closely on Monday.
Kellton Tech Solutions to be in focus on Monday.
The company plans to raise funds via FCCBs and QIP.
The board has approved raising funds through FCCBs up to $50 million.
The board has approved raising funds through QIP up to ₹250 crore.
The company announced an increase in its authorized share capital.
- Who
- Kellton Tech Solutions
- What
- Announced plans to raise funds and increase authorized share capital.
- When
- Announcements made recently; stock in focus on Monday, September 8.
- Where
- Not specified in the article.
- Why
- To raise capital through FCCBs and QIP, also increased authorized share capital.
- Company
- Kellton Tech Solutions
- Stock Price (Friday)
- ₹25.50
- FCCB Fundraise
- Up to $50 million
- QIP Fundraise
- Up to ₹250 crore
- Authorized Share Capital
- ₹100 crore
- Share Price (1 Year Change)
- Down 13.32%
- Share Price (6 Month Change)
- Up 7.55%