Shakti Pumps QIP Allotment: Key Investors & Share Details

  Published 9 months ago

Shakti Pumps' QIP (July 2-4) issued shares at a 5% discount, boosting equity capital to Rs 123.39 crore with PineBridge as the top investor.

  • QIP shares priced at Rs 918 (5% below Rs 965.96 floor price), approved by the treasury committee on July 5, 2025.
  • Equity shares rose from 12.02 crore to 12.33 crore, increasing paid-up capital by Rs 3.18 crore post allotment.
  • PineBridge (34.18%), Bank of India (8.89%), and LIC Mutual Fund (5.13% each) led institutional subscriptions.

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