Anant Raj opens QIP, sets floor price at ₹695.83 per share

Real estate developer Anant Raj Ltd

said on Tuesday its board’s Finance and Investment Committee has approved the opening of a qualified institutions placement (QIP) of equity shares with a floor price of ₹695.83 per share.

The floor price has been determined in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, the company said in a filing to the exchanges.

The company may offer a discount of up to 5% on the floor price as permitted under the regulations. The issue price will be finalised in consultation with the book-running lead managers appointed for the offering.

Anant Raj said the relevant date for the issue is October 7, 2025.

Anant Raj Ltd., a real estate developer with over 55 years of experience, is known for a diverse portfolio including residential projects like Anant Raj Estate Residences, commercial developments such as Anant Raj Global Business Square in Noida, and IT parks like the original Anant Raj Tech Park at Manesar. The company has also developed landmark government projects, malls, and is now significantly expanding into data centers with its Anant Raj Cloud service.

Shares of Anant Raj ended 4.4% higher at ₹736.30 on the BSE.