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Apar, founded by Mr. Dharmsinh D. Desai in 1958, is a market leader in India with a global presence. Contributing to India’s process of electrification it started from manufacturing power transmission cables to having three broad business segments, which are Conductors, Transformer and specialty oils (TSO), and Power/telecom Cables.
APAR Industries completed its QIP, allotting 16.88 lakh equity shares to Qualified Institutional Buyers at ₹14,805/share. This move infused ~₹2500 Cr into the company, significantly increasing its equity capital. Key allottees included prominent Mutual Funds and Foreign Portfolio Investors.
APAR Industries raised ~₹250 Cr via a Qualified Institutions Placement (QIP), allotting 16,88,618 equity shares to QIBs at ₹14,805 per share. The issue opened on August 10 and closed on August 13.
APAR Industries is launching a QIP of equity shares for Qualified Institutional Buyers. The issue opened on August 10, 2026, with a floor price of ₹14,801.25 per share, potentially discounted by up to 5%.
Apar Industries' board approved raising up to 2,500 Cr via equity, warrants, or convertibles. Funds may be raised through QIP, rights issue, or preferential allotment. Shareholder approval is needed. Specific issue price and investor details will be determined later.