Capacite Infrastructure experienced a 3% surge during the early trade on January 9, driven by the initiation of a Qualified Institutional Placement (QIP) aimed at raising funds up to Rs 200 crore.
The QIP’s floor price is set at Rs 264.89 per share, marking a 4% discount from the closing price in the previous session. The ultimate issue price will be determined through discussions between Capacite Infra and its lead managers.
At 9:51 am, the stock was valued at Rs 276 on the National Stock Exchange (NSE), indicative of a favorable investor response to the strategic financial move by the Mumbai-based company. Noteworthy is Capacite Infra’s robust performance in 2023, generating impressive returns of over 72% throughout the calendar year. This recent capital-raising initiative introduces an intriguing aspect to the company’s growth path, attracting attention within the financial markets.
