Capri Global Capital Limited has informed the Exchange regarding Outcome of Committee Meeting held on Jun 09, 2025.
CGCL · price
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Awaiting price reaction for this filing.
Capri Global Capital Limited has opened its Qualified Institutions Placement (QIP) issue on June 9, 2025, following board and shareholder approvals from 2024. The floor price has been set at ₹153.93 per equity share of face value ₹1, based on the SEBI pricing formula. The company is permitted to offer a discount of up to 5% on this floor price, and the final issue price will be determined in consultation with the book-running lead manager. The trading window for designated persons was closed from May 22, 2025, until 48 hours after the issue price is determined.
This signals a potential equity dilution for existing shareholders. The stock may see short-term pressure as the QIP floor price acts as a psychological benchmark, though successful fundraising could strengthen the company's capital base for future lending growth.