India, July 23 -- Rajoo Engineers Ltd a prominent manufacturer of plastic extrusion machinery, has successfully raised Rs 160 crore through a Qualified Institutional Placement (QIP), marking a major milestone in the company's growth journey. The offering garnered robust interest from both domestic and international institutional investors, underscoring strong market confidence in Rajoo's business strategy and long-term vision.
The QIP was completed through the issuance of 1,46,78,900 equity shares at a price of Rs 109.00 per share (face value Rs 1), and closed on July 21, 2025. The capital raise drew significant participation from top-tier institutional investors, including Morgan Stanley Asia (Singapore), Rajasthan Global Securities Pvt. ...