Rajoo Engineers Launches QIP At Rs 114.42 Floor Price; Rs 180 Cr Issue To Close On July 21

The launching of the qualified institutional placement (QIP) of equity shares with a floor price of Rs. 114.42 per equity share has been authorized by the board of Rajoo Engineers Limited, the company announced on 15th July. The company intends to use its Qualified Institutional Placement (QIP) strategy to raise funds up to Rs 18,000 Lakh. In relation to the QIP issue, GYR Capital Advisors Private Limited is the Book Running Lead Manager (BRLM).

"Further, in terms of Regulation 29 of SEBI LODR Regulations 2015, as amended, we wish to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Monday, July 21, 2025 inter-alia to consider and decide the issue price, including any discount thereto permitted under SEBI ICDR Regulations for the Equity Shares to be allotted to Qualified Institutional Buyers, pursuant to the issue," said Rajoo Engineers in a stock exchange filing.

"Pursuant to Regulation 9 of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 read with Company's code of conduct for prevention of insider trading in its securities, the trading window for dealing in the securities shall remain closed for all Designated Persons viz., Directors, Key Managerial Personnel, Designated Employees etc., of the Company and their immediate relatives and for other connected persons from July 16, 2025 to July 23, 2025 for the purpose of considering further issue of shares through QIP," Rajoo Engineers further informed stock exchanges.

The issue price, including any discount allowed by the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, will be discussed and decided by the company's Board of Directors on Monday, July 21, 2025. The equity shares will be distributed to qualified institutional buyers in accordance with the issue.
Rajoo Engineers' net profit jumped 174.59% to Rs 15.02 crore in the June 2025 quarter from Rs 5.47 crore in the June 2024 quarter. Compared to Rs 50.87 crore in the year-ago quarter, which ended in June 2024, sales increased 67.23% to Rs 85.07 crore in the quarter that concluded in June 2025. EBITDA increased by 146.89% from Rs. 8.19 crore in Q1FY25 to Rs. 20.22 crore in Q1FY26.

An Indian company called Rajoo Engineers Limited creates and produces plastic extrusion equipment. It was founded in 1986 and is well-known for its thermoformers, sheet lines, and blown film lines. It is a prominent manufacturer in Asia and the Indian subcontinent.