Poonawalla Fincorp closes QIP; allocates 67,430,883 shares to QIBs at ₹370.75
Poonawalla Fincorp · Finance
Key highlights
- Issue closed on April 13, 2026, after receipt of application forms and escrow funds from eligible QIBs
- Issue price ₹370.75 per Equity Share, including premium of ₹368.75, at 5.00% discount to floor price ₹390.26
- Allocation of 67,430,883 Equity Shares to eligible QIBs, to be allotted
Why it's rated notable: The filing states no aggregate amount, but the QIP allocates 67,430,883 shares at ₹ 370.75 each, which is a fundraise of at least ₹500 crore and below 20% of the ₹41,732 crore market value, so the level is 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
Announcement under Regulation 30 (LODR)-Qualified Institutional Placement
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Poonawalla Fincorp
- Fundraise / allotmentNotablePoonawalla Fincorp allots secured NCDs of ₹100 crore (E1) and ₹750 crore (F1)
- OtherNotablePoonawalla Fincorp Limited issues secured NCDs worth ₹750 crore via private placement
- OtherNotablePoonawalla Fincorp Limited allots ₹500 crore secured NCDs on July 3, 2026
- OtherNotablePoonawalla Fincorp Limited allots ₹1000 crore secured NCDs on May 11, 2026
- Fundraise / allotmentNotablePoonawalla Fincorp Limited announces ₹1000 crore NCD issuance on May 6, 2026
Other fundraise / allotment filings this fortnight
- Supreme Engineering allots 14,50,00,000 warrants at ₹2.60 on preferential basis
- Bajaj Finance Limited allots 5.74 crore warrants to Bajaj Finserv on 10 Nov 2026
- Bajaj Finance approves preferential issue of 5.74 crore warrants to Bajaj Finserv
- Chaman Metallics Limited announces H1 FY27 financial results and proposed Rights Issue
- Harmony Capital Services receives BSE approval for preferential issue of shares
- Kuber Udyog: open offer corrigendum, allotments of shares and warrants at ₹23.10
Potential multibaggers · Q2 FY27
Potential multibaggers in Finance
on management's own guidance
- Strong growth2
- Strong growth1
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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.