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Allcargo Gati raises Rs 169.28 crore through QIP

02 Jul 2024 Evaluate

Allcargo Gati has successfully raised Rs 169.28 crore by way of issue of equity shares through a QIP (Qualified Institutional Placement) in accordance with the SEBI ICDR Regulations.

In respect of the Issue, the Fund Raise Committee of the Board of Directors of the Company at its meeting held on June 28, 2024, has approved the issue and allotment to successful qualified institutional buyers at the issue price of Rs 101 per Equity Share. QIP saw participation from various investors raising a total amount of Rs 169.28 crore.

Allcargo Gati (Formerly known as Gati) is one of India’s premier Express Distribution companies. With a strong presence across Asia, including a nationwide network, Allcargo Gati’s unparalleled reach creates the unique advantage of covering every part of India.

Allcargo Gati-Amalga Share Price

66.08 0.00 (0.00%)
11-Nov-2025 16:59 View Price Chart
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