PTC Industries Raises ₹1,800 Crore Via QIP, Oversubscribed By Five Times
Mumbai: PTC Industries Limited announced on October 13, 2026, the successful completion of its Qualified Institutions Placement (QIP), through which it raised ₹1,800 crore from institutional investors. The QIP witnessed significant demand from both international and domestic institutional investors. Issue Details The issue price for the QIP was fixed at ₹21,060 per share. The company issued…
On October 13, 2026, PTC Industries Limited successfully completed its Qualified Institutions Placement (QIP), raising ₹1,800 crore from institutional investors. The QIP was oversubscribed by five times, indicating strong demand from international and domestic investors alike. The issue price was set at ₹21,060 per share, and a total of 8,54,700 equity shares were issued, with each share carrying a face value of ₹10.
PTC Industries plans to utilize the raised capital to support its growth strategy, which includes organic expansion, capability enhancement, investment in new projects, and strategic initiatives. The funds will also enable the company to pursue inorganic growth opportunities across its various sectors, such as aerospace, defence, space, energy, and advanced manufacturing.
Sachin Agarwal, the Chairman and Managing Director of PTC Industries Limited, expressed satisfaction with the strong investor response, affirming confidence in the company's long-term industrial strategy and advanced manufacturing capabilities.
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