Asahi India QIP opens Mon, floor price set at INR 844.79 per share
This story was originally published at 19:08 IST on 15 September 2025
Register to read our real-time news.Informist, Monday, Sept. 15, 2025
--Asahi India QIP issue opens Mon; floor price set at INR 844.79 per share
MUMBAI – Asahi India Glass Ltd.'s qualified institutional placement opened Monday. The floor price for the QIP has been set at INR 844.79 per share, the company said in an exchange filing. Asahi India may offer a discount of up to 5% on the floor price. The issue price will be determined by the company in consultation with the lead managers appointed for the QIP.
Asahi India Glass had reported a consolidated net profit of INR 561.7 million for the June quarter on a revenue of INR 12.29 billion. Monday, shares of the company closed 5.5% higher at INR 893.80 on the National Stock Exchange. End
Reported by Pooja Sawant
Edited by Rajeev Pai
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2025. All rights reserved.
To read more please subscribe
Share this Story:
