The total issue proceeds amounted to ₹2,500 crore. The QIP opened on August 10 and closed on August 13. Following the allotment, APAR Industries’ paid-up equity share capital increased from ₹40.18 crore to ₹41.87 crore.
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Among the allottees, ICICI Prudential Mutual Fund was allotted 1.69 lakh shares, representing 10.0002% of the equity shares offered when its holdings across funds are clubbed. HDFC Flexi Cap Fund and SBI Contra Fund were each allotted 1.69 lakh shares, representing 10.0001% each.
| Allottee | Shares allotted |
|---|---|
| ICICI Prudential Mutual Fund | 1.69 lakh |
| HDFC Flexi Cap Fund | 1.69 lakh |
| SBI Contra Fund | 1.69 lakh |
| Nomura India Investment Fund Mother Fund | 1.01 lakh |
| Aditya Birla Sun Life Mutual Fund | 1.01 lakh |
| Axis Mutual Fund | 1.01 lakh |
| Abu Dhabi Investment Authority | 91,185 |
Nomura India Investment Fund Mother Fund was allotted 1.01 lakh shares, representing 6% of the equity shares offered.Aditya Birla Sun Life Mutual Fund was allotted a total of 1.01 lakh shares across its schemes, representing 6% when clubbed. Axis Mutual Fund was also allotted 1.01 lakh shares across its schemes, representing 6% when clubbed.
Abu Dhabi Investment Authority was allotted 91,185 shares, or 0.91 lakh shares, across its Monsoon and Stable funds, representing 5.4% of the equity shares offered when clubbed.
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Shares of APAR Industries Ltd ended at ₹17,225.00, down by ₹789.95, or 4.38%, on the BSE.
