PTC Industries Share Price Surges Over 3% as it Launches QIP To Raise Up To ₹1,800 Crore

PTC Industries has opened its Qualified Institutions Placement (QIP) to raise up to ₹1,800 crore. The company has fixed the floor price at ₹22,150 per equity share as the fundraising process gets underway. 

The issue was opened on October 6, 2026, following approval from the company’s Listing and Fund Raising Committee. The committee also approved the preliminary placement document and application form for the issue. 

QIP Opens With ₹22,150 Floor Price 

The floor price for the QIP has been set at ₹22,150 per share. PTC Industries can also offer a discount of up to 5% on this price while determining the final issue price. 

The final price for the placement will be decided by the company in consultation with the book-running lead managers. 

Company To Raise Up To ₹1,800 Crore 

Through the QIP, PTC Industries plans to raise up to ₹1,800 crore from eligible institutional investors. 

The fundraising follows earlier approvals from the company’s Board and shareholders. With the issue now open, the company has moved into the subscription stage of the placement. 

Read More: Titan Company Share Price Falls Over 4% After Q2 FY27 Performance Update! 

PTC Industries Share Price Performance  

As of 07 October 2026, at 11:42 AM, PTC Industries Limited share price is trading at ₹24,035 per share, reflecting a surge of 3.94% from the previous trading session. 

Conclusion 

PTC Industries has opened its ₹1,800 crore QIP at a floor price of ₹22,150 per share, with the final issue price to be decided during the placement process. 

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