Anant Raj allots equity shares in successful institutional placement, raises ₹11 bn

Anant Raj Limited announced the successful closure of its Qualified Institutions Placement (QIP) on October 13, 2025, with the allotment of 16,616,314 equity shares to eligible institutional buyers. The shares were issued at ₹662.00 per equity share, including a premium of ₹660.00, representing a 4.86% discount to the floor price of ₹695.83. The total amount raised aggregates to ₹10,999,999,868.

The QIP opened on October 7, 2025, and closed on October 13, 2025. Following the allotment, the paid-up equity share capital of Anant Raj Limited has increased from 343,260,616 to 359,876,930 equity shares of face value ₹2 each. Key allottees receiving over 5% of the equity shares include SOCIETE GENERALE - ODI (19.545%), BNP PARIBAS FINANCIAL MARKETS - ODI (11.700%), and MORGAN STANLEY ASIA (SINGAPORE) PTE. (10.455%).

Other significant allottees include JUPITER INDIA FUND (7.380%) and KOTAK MAHINDRA LIFE INSURANCE COMPANY LTD. (6.818%). The company will submit its updated shareholding pattern along with the listing application as per SEBI Listing Regulations.