<b>APAR Industries completes ₹2,500 cr QIP at ₹14,805/share</b>, placing 16.88 lakh shares to institutional buyers.

IPO / ECM 13 Aug 2026· ₹2,500 cr · Completed· ✓ Verified

The Share Issue Committee of Directors approved the allotment at its meeting held on 13 August 2026, following the issue opening on 10 August and closing on 13 August 2026. The company's paid-up equity share capital increased from ₹40,18,37,190, comprising 4,01,83,719 shares with a face value of ₹10 each, to ₹41,87,23,370 with a total of 4,18,72,337 shares. Notable allottees included ICICI Prudential Flexicap Fund, HDFC Flexi Cap Fund, SBI Contra Fund, and international entities like Nomura India Investment Fund Mother Fund and Abu Dhabi Investment Authority. The proceeds of the QIP are proposed to be utilised towards funding working capital requirements and general corporate purposes.

Why it mattersQIP mechanics emphasise speed and institutional-only placement under SEBI ICDR Reg 172–180; the 9.99% discount and 45-day lock-in reflect market practice for capital-efficient fundraising bypassing public offer complexity.
CounselTrilegal, T T & A (Talwani & Associates), Hogan Lovells Cadwalader
SectorIndustrials
Value₹2,500 cr
[object Object][object Object][object Object][object Object][object Object][object Object][object Object]

Sources

Open in the live tracker →

Related deals