Fundraise / allotmentNotableFiled on BSE ·

APAR Industries closes QIP, approves allocation of 16,88,618 shares at ₹14,805 each

Apar Industries · Electrical Equipment

Arthneeti Research DeskPublished 1 min read

Key highlights

  • Issue opened on August 10, 2026 and closed on August 13, 2026 after receipt of application forms and funds in the Escrow Account
  • Share Issue Committee approved allocation of 16,88,618 Equity Shares at ₹14,805 each (including ₹14,795 premium) to eligible QIBs, to be allotted
  • Share Issue Committee approved the placement document dated August 13, 2026 and finalized the allocation confirmation note to be sent to QIBs

Why it's rated notable: The filing states no total amount, but the QIP allocation of 16,88,618 shares at ₹14,805 per share closes a fundraise, which the system keeps at medium.

Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.

Original filing

Outcome Of The Meeting Of The Share Issue Committee Of Directors

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.