12-Oct-2026 22:05:52
TDPOWERSYSIPO
TDPOWERSYS RAISED RS 600 CR FUNDS FROM QIB @ ₹775/SHARE
• Allotted 77,41,935 equity shares at ₹775 per share (including premium of ₹774) to qualified institutional buyers • Issue price at 0.05% discount to floor price of ₹775.35 per share • Post-issue equity base expands to ~32.14 Cr shares, implying ~2.4% dilution • Top allottees (over 5% of issue) include Axis MF, Canara Robeco MF, ICICI Prudential MF, Mirae Asset MF, Aditya Birla Sun Life MF, Societe Generale - ODI and Bandhan MF Impact: Neutral (₹600 Cr QIP with strong institutional participation; no stated use of proceeds)
TD Power Systems Ltd
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