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Dhruva Capital Opens Rs 160 Crore QIP At Rs 78.02 Floor


12 November 2026
Dhruva Capital Services Ltd.

Board opened Rs 160 Cr QIP on Nov 12, 2026, approved preliminary placement document and fixed floor price at Rs 78.02 per share with up to 5% discount possible. Moves the large fund-raise from approvals to pricing and opening stage, the key step before allotment to fund the lending scale-up into microfinance and digital loans. Final price with bookrunner, discount, share count and allotment still pending; use of proceeds and timelines not disclosed, sharpening dilution and deployment focus.


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