Anant Raj Limited plans to raise Rs 1,100 crore through a Qualified Institutional Placement (QIP) for the expansion and development of projects, according to a filing with the stock exchanges.
The issue opened on October 7 and will close on October 8, 2025. The company has set the floor price for the issue at Rs 695.83 per share. The board of directors have also approved and adopted the preliminary placement document dated Oct. 7, 2025, the application form, in connection with the issue.
The fundraising comes as the company looks to expand its data center and cloud infrastructure business, a segment it has been actively scaling since 2019–20 through its subsidiary, Anant Raj Cloud. The company earlier in Q1FY26 shared that it aims to generate USD 1 billion in revenue from this vertical b