KIMS QIP closes, 1.99 crore shares allotted at Rs 755 each (about 2.17 percent discount)
KIMS · price
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KIMS has closed its Qualified Institutional Placement, allotting 1,98,67,549 equity shares to eligible institutional buyers at Rs 755 per share, including a premium of Rs 753 over face value of Rs 2. The issue price carries a discount of Rs 16.73, about 2.17 percent of the floor price, allowed under SEBI ICDR rules. Total capital raise is approximately Rs 1,500 crore. The issue opened on June 16, 2026 and closed on June 19, 2026. Use of proceeds has not been disclosed in this filing.
Equity dilution of about 2 crore shares. Capital raise of roughly Rs 1,500 crore may support growth plans; short-term share price may react to dilution.