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Goodluck India gets nod to raise Rs 200 crore via QIP

15 Nov 2023 Evaluate

Goodluck India has received approval for raising of funds through issuance of equity shares of the company by way of Qualified Institutions Placement (QIP) in accordance with the provisions of Chapter Vl of Securities and Exchange Board of India (issue of Capital and Disclosure Requirements) Regulations, 2018 as amended from time to time and other applicable laws, in one or more of the tranches for an aggregate amount up to Rs 200 crore, (inclusive of such discount or premium to market price or prices permitted under applicable law), subject to necessary approval including the approval of the members of the Company and such other permissions, sanctions and statutory approvals, as may be required. The meeting of the Board of Directors of the Company held on November 15, 2023 has inter alia considered and approved the same. 

Goodluck India is certified manufacturer and exporter of a precision engineered range of Cold Drawn Welded Tubes & Precision Tubes.


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Company Name CMP
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