PTC Industries Launches ₹1,800 Crore QIP
PTC Industries has launched a qualified institutional placement (QIP) to raise up to ₹1,800 crore. The fundraise will involve an equity dilution of approximately 5.7% of the company’s pre-issue paid-up equity capital, with an indicative floor price set at ₹21.
PTC Industries has launched a qualified institutional placement (QIP) to raise up to ₹1,800 crore, according to an exchange filing. 7% of the company’s pre-issue paid-up equity capital. The indicative floor price for the issue has been set at ₹21.