Capri Global Capital Limited has informed the Exchange regarding Outcome of Committee Meeting held on Jun 12, 2025.
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Capri Global Capital Limited has completed its Qualified Institutions Placement (QIP) of equity shares. The QIP Committee approved the issue price at ₹146.50 per share, which includes a premium of ₹145.50 over the face value of ₹1. This price was set at a 4.82% discount (₹7.43 per share) to the floor price of ₹153.93. A total of 13.65 crore equity shares have been allotted to eligible qualified institutional buyers (QIBs). The total issue size works out to approximately ₹2,000 crore. The issue opened on June 9, 2025, and closed on June 12, 2025.
The QIP will dilute existing shareholders by adding 13.65 crore new shares, but brings in around ₹2,000 crore of fresh capital to strengthen the company's balance sheet and support growth. The 4.82% discount to floor price is modest and within SEBI norms, which should limit the negative price impact typically seen with discounted equity issuances.