New Delhi, Dec. 28 -- Gujarat Toolroom Ltd., a BSE-listed small-cap company, announced the successful completion of a Qualified Institutions Placement (QIP), raising Rs.95.66 crores. This initiative involved the issuance of 7.19 crore equity shares at Rs.13.30 each, which includes a premium of Rs.12.30 per share, the company announced in an exchange filing on December 27, 2024.

Gujarat Toolroom share price was trading in the green, up 4.94 per cent, at Rs.14.88, at 11:12 am, on December 28, on BSE. The company enjoys a market capitalisation of Rs.345.31 crore, as per BSE.

Bridge India Fund was allotted 1,79,81,202 equity shares (7.75% post-issue shareholding).

Eminence Global Fund PCC - Trade Fund 1 was allotted 1,79,81,204 equity shar...