D P Abhushan announced a preferential issue fund raise of about Rs 558 crore, drawing interest from family offices and large HNIs, alongside a strong Q1 driven by gold prices

Wed 7 Oct 2026

Total fund raise

558 crore rupees

First tranche equity raise

123 crore rupees

Warrant tranche raise

434 crore rupees

Issue price per share

1430 rupees

Promoter holding post issue

66.4 percent

Heard on business television between 13:32:00 - 13:35:00 IST.

• D P Abhushan announced a preferential issue fund raise of roughly Rs 558 crore in two tranches.
• First tranche: 8.6 lakh shares at Rs 1430 per share, raising about Rs 123 crore in equity.
• Second tranche: 30.36 lakh convertible warrants at Rs 1430 per share, raising about Rs 434 crore.
• Promoter holding will fall from 74-75% to about 66.4% post-issue, while public holding rises from 25% to 33.5%.
• Q1 revenue grew about 58% and EBITDA about 70%, driven mainly by higher gold prices; gold revenue rose 59% YoY to about Rs 781 crore, silver revenue jumped nearly 150%, while volumes grew only 1-2%.
• Management is targeting 51 stores by FY30, adding 5-6 stores a year.

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