Capri Global Capital Limited has informed regarding Disclosure of material issue
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Capri Global Capital Limited has closed its Qualified Institutions Placement (QIP), allotting 13,65,18,770 equity shares (face value ₹1) at ₹146.50 per share, raising approximately ₹2,000 crore. The issue price includes a premium of ₹145.50 per share and was set at a 4.82% discount to the floor price of ₹153.93. The QIP committee approved the closure on June 12, 2025, after receiving application forms and funds in escrow from eligible institutional investors. The placement document has been finalised and refunds (if any) will be issued to unsuccessful bidders. The issue opened on June 9, 2025, and concluded within three working days, indicating strong institutional demand.
The ₹2,000 crore infusion will strengthen Capri Global's capital base, likely supporting lending growth, but it comes at a 4.82% discount to the floor price, leading to dilution for existing shareholders. Short-term stock price may face mild pressure, though successful QIP closure signals solid institutional interest in the company.