Deepak Fertilisers and Petrochemicals has raised Rs 510 crore through a Qualified Institutions Placement (QIP) of equity shares. Leading investors from India and the globe have participated in the issue which includes Smallcap World Fund, Government Pension Fund Global, Axis Mutual Fund, Fidelity, Avendus and Societe Generale among others. The QIP saw a strong response from long only institutional investors including 2 of the leading global FIIs - Smallcap World Fund and Fidelity.
Deepak Fertilisers and Petrochemicals Corporation (DFPCL) is among India’s leading producers of fertilisers and industrial chemicals.
