IPO & listingBusinessLine
Manaksia Coated Metals raises 150 crore via QIP
Positive+11
GreyOak summary
Manaksia Coated Metals & Industries Limited successfully raised 150 crore through a Qualified Institutional Placement (QIP) which was fully subscribed. The funds aim to strengthen the balance sheet and support strategic projects including capacity expansion. The company reported a net profit of 18.73 crore in Q2 FY27.
What it affects
- Manaksia Coated Metals & IndustriesMANAKCOATPositive +11
Raised 150 crore via fully subscribed QIP.Rolling sentiment Neutral +11
Source
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