QIP opens; floor price fixed at ₹ 22,150.00 per equity share of face value ₹ 10

PTC Industries has opened its qualified institutions placement of equity shares of face value ₹ 10 each.

Tue 6 Oct 2026

QIP Floor Price

₹ 22,150.00 per Equity Share

Face Value

₹ 10 per Equity Share

Maximum Discount

not more than 5% on the floor price

What the Committee approved

PTC Industries Limited's Listing and Fund Raising Committee met on October 06, 2026, from 9:30 PM to 10:15 PM, and approved three resolutions in connection with the qualified institutions placement of equity shares of face value ₹ 10 each:

• Authorising the opening of the Issue today, October 06, 2026.
• Approving and adopting the preliminary placement document together with the application form dated October 06, 2026.
• Approving the floor price of ₹ 22,150.00 per Equity Share, based on the pricing formula under Regulation 176 of the SEBI ICDR Regulations.

The price

• Floor price: ₹ 22,150.00 per Equity Share.
• Face value of each Equity Share: ₹ 10.
• The company may, at its discretion, offer a discount of not more than 5% on the floor price, as approved by members through a special resolution passed at the extraordinary general meeting held on August 01, 2026.
• The issue price will be determined by the company in consultation with the book running lead managers appointed for the Issue.

Relevant date

The relevant date for the purpose of the Issue has been fixed as October 06, 2026, and the floor price has been determined accordingly.

Approvals behind the Issue

The Board of Directors accorded approval at its meetings held on June 27, 2026 and September 05, 2026, and the members passed a special resolution at the extraordinary general meeting held on August 01, 2026. The preliminary placement document dated October 06, 2026 will be shared with BSE Limited and the National Stock Exchange of India Limited on October 06, 2026, and the company will treat this as compliance under the listing regulations.

What this means for a retail investor

• A qualified institutions placement raises money by issuing equity shares to qualified institutional buyers.
• Because new shares are issued, the total number of shares of the company can go up, so an existing shareholder's holding can represent a smaller percentage of the company than before.
• The floor price is the lowest level at which the shares are proposed to be issued to institutional buyers; the final issue price may be at the floor price or at a discount of up to 5% on it.
• The Issue is being priced at ₹ 22,150.00 per Equity Share as the floor, against a face value of ₹ 10 per share.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.