PTC Industries Raises ₹1,800 Crore Via QIP
PTC Industries Limited has successfully completed a Qualified Institutions Placement (QIP), raising ₹1,800 crore. The issue price was ₹21,060 per share, with 8,54,700 shares issued at a face value of ₹10. The QIP was oversubscribed more than 5 times, attracting significant demand from both international and domestic institutional investors, with a substantial portion coming from global players.
This capital infusion strengthens PTC's financial flexibility to pursue organic expansion, strategic investments, and inorganic growth opportunities in sectors like aerospace, defence, space, and…
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- Business
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- Stock market, Defence & security
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- stockwatch
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- Tuesday, 13 October 2026, 5:30 am IST
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