06-Nov-2026 00:14:21

MANAKCOATGeneral news

MANAKCOAT RAISED RS 150 CR FUNDS FROM QIB @ ₹125/SHARE

• Allotted 1,19,99,847 equity shares (~1.20 Cr) to qualified institutional buyers; total issue size ~₹150 Cr • Issue price ₹125/share, a ₹2.01 (1.58%) discount to the ₹127.01 floor price • Saint Capital Fund allotted 36 lakh shares (30% of issue); Uni Growth Fund 24 lakh shares (20%) Impact: Neutral (₹150 Cr QIP adds capital; no use of proceeds disclosed in the filing)

Manaksia Coated Metals & Industries Limited

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