PTC Industries launched a QIP to raise up to Rs 1,800 crore at a 9% discount to previous close

Wed 7 Oct 2026

QIP fundraise size

Rs 1800 crore

Equity dilution

5.7 percent

Indicative issue price

Rs 21,060

Discount to closing price

9 percent

Heard on business television between 08:27:43 - 08:30:43 IST.

• Company launched a QIP overnight to raise up to Rs 1800 crore
• Equity dilution of close to 5.7% of pre-issue capital
• Indicative price set at Rs 21,060 per share, a 9% discount to yesterday's closing price
• Funds to be used for debt repayment/prepayment and investment in subsidiary Alloy Technologies for working capital and plant & machinery
• Stock seen trading lower due to the steep discount on the issue

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