Shares of Centrum Capital Ltd surged over 3.30% on Wednesday, July 16, trading at ₹41.35 on the NSE, following the company’s announcement of a significant fund-raising plan via preferential allotment.
At 9:27 AM IST, Centrum Capital was trading at ₹41.35, up ₹1.32 from the previous close of ₹40.03. The stock hit an intraday high of ₹41.90 and a low of ₹41.00, with a market capitalization of approximately ₹1,664 crore. The company has been one of the top gainers on NSE today.
In a board meeting held on July 15, 2025, Centrum Capital’s board approved raising up to ₹172.56 crore through a preferential issue of 5,01,91,537 equity shares at an issue price of ₹34.38 per share. The shares will be allotted to 55 non-promoter investors, including notable names such as Negen Undiscovered Value Fund, Prisach Consultants LLP, LC Pharos Multi Strategy Fund, and Neo Special Credit Opportunities Fund.
This capital infusion aims to strengthen the company’s financial position and support its growth initiatives.
Updated stock details
On Wednesday, Centrum Capital traded in a range of ₹41.00–₹41.90, marking a year-to-date range of ₹22.40–₹43.85. The stock saw an average trading volume of over 636,000 shares, with no disclosed P/E ratio or dividend yield at present.
Investors appear to have welcomed the fund-raising news positively, pushing the stock closer to its 52-week high.
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