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PTC Industries Raises ₹1,800 Crore via QIP with Over 5x Subscription
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CNBC TV18•13-10-2026, 15:39
PTC Industries Raises ₹1,800 Crore via QIP with Over 5x Subscription
- •PTC Industries successfully raised ₹1,800 crore through a qualified institutional placement by issuing 8,54,700 equity shares at ₹21,060 each.
- •The issue saw massive demand, being subscribed over five times with strong backing from major global and domestic institutional investors.
- •Fidelity Investments and Capital Group led the investor list, contributing significantly with investments of ₹850 crore and ₹355 crore respectively.
- •The newly raised funds will be utilized to strengthen the capital base, expand manufacturing capabilities, and pursue strategic acquisitions in aerospace and defence.
Key Questions Answered
PTC Industries raised ₹1,800 crore through its qualified institutional placement (QIP) after the issue was subscribed over five times by domestic and international institutional investors on Tuesday, October 13, 2026.
Fidelity Investments was the largest investor group with nearly ₹850 crore, followed by Capital Group at ₹355 crore and Fidelity International at ₹150 crore.
PTC Industries plans to use the capital to strengthen its capital base, support organic expansion, enhance capacity, pursue new projects, and fund strategic investments and acquisitions across aerospace, defence, space, energy, and advanced materials.
