SpiceJet’s board has approved the issuance of 48.7 crore equity shares at an issue price of ₹61.60 per share, raising ₹3,000 crore through a Qualified Institutional Placement (QIP). This fundraising move is aimed at strengthening the airline’s financial position.
Several institutional investors, including Authum Investment, Discovery Global Opportunity, Troo Capital, Societe Generale, and Goldman Sachs, have been allocated more than 5% of the shares offered in the QIP. The updated shareholding pattern will be revealed upon the listing application.
Below are the key investors who have received more than 5% of the total equity shares offered:
- Authum Investment and Infrastructure Limited – 4,54,45,933 shares (9.33%)
- Discovery Global Opportunity (Mauritius) Ltd – 4,05,84,416 shares (8.33%)
- Troo Capital Ltd – 3,24,67,532 shares (6.67%)
- Societe Generale – ODI – 2,93,98,652 shares (6.04%)
- Goldman Sachs (Singapore) PTE – ODI – 2,59,81,215 shares (5.33%)
This QIP aims to enhance liquidity and provide the airline with the necessary capital to support future operations and growth plans.
