FilingReader Intelligence
Kaynes Technology closes QIP, raises INR 15999.99m
June 30, 2025 at 07:13 AM UTC•By FilingReader AI
Kaynes Technology India Limited has successfully closed its Qualified Institutions Placement (QIP), raising INR 15999.99 million. The Fund-Raising Committee approved the closure of the QIP on June 24, 2025, with 28,72,788 equity shares allocated at an issue price of INR 5,569.50 per share, including a premium of INR 5,559.50. The issue price represented a 1% discount to the floor price of INR 5,625.75.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
BSE:KAYNES•Bombay Stock Exchange
News Alerts
Get instant email alerts when KAYNES TECHNOLOGY INDIA publishes news
Free account required • Unsubscribe anytime