APAR Industries Limited has announced the successful closure of its Qualified Institutional Placement (QIP). The Share Issue Committee of Directors approved the allocation of 16,88,618 equity shares at an issue price of ₹14,805 per share. This price represents a premium over the floor price and was determined as per SEBI ICDR Regulations. The QIP, which opened on August 10, 2026, was closed on August 13, 2026, following the receipt of applications and funds from eligible Qualified Institutional Buyers (QIBs).
APAR Industries Completes Qualified Institutional Placement
APAR Industries Limited has officially concluded its Qualified Institutional Placement (QIP) of equity shares. The company’s Share Issue Committee of Directors, in a meeting held on August 13, 2026, approved the key outcomes of this capital-raising exercise. The placement involved equity shares with a face value of ₹10 each.
Key Decisions by the Share Issue Committee
During the meeting, the committee approved the closure of the Issue on August 13, 2026, following the successful receipt of application forms and funds. The company has determined and approved the allocation of 16,88,618 Equity Shares. These shares were allocated at an issue price of ₹14,805 per Equity Share, which includes a premium of ₹14,795 per Equity Share. This price was higher than the floor price of ₹14,801.25 per Equity Share, adhering to the pricing formula stipulated under the SEBI ICDR Regulations.
Furthermore, the committee approved and adopted the placement document dated August 13, 2026, related to this Issue, which is also available on the company’s website. They also approved and finalized the confirmation of allocation notes to be sent to the eligible Qualified Institutional Buyers (QIBs).
Trading Window Closure
In line with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the company had previously intimated vide its letter dated August 7, 2026, that the trading window for dealing in the securities of APAR Industries Limited had been closed from August 7, 2026. This closure remains effective until further notice, ensuring compliance with insider trading norms during the Issue period.
Source: BSE
