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PTC Industries Raises ₹1,800 Crore Through QIP

PTC Industries said it raised ₹1,800 crore through a qualified institutional placement, which was subscribed more than five times by domestic and international institutional investors.

PTCIL

PTC Industries said on Tuesday, October 13, that it raised ₹1,800 crore through a qualified institutional placement (QIP). The issue drew demand from domestic and international institutional investors exceeding five times its size. The Lucknow-based advanced manufacturing company issued…