Goodluck India rises on getting nod to raise Rs 200 crore via QIP
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Goodluck India is currently trading at Rs. 917.80, up by 3.60 points or 0.39% from its previous closing of Rs. 914.20 on the BSE.
The scrip opened at Rs. 932.50 and has touched a high and low of Rs. 932.50 and Rs. 908.35 respectively. So far 12412 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 920.00 on 13-Nov-2023 and a 52 week low of Rs. 355.55 on 10-Jan-2023.
Last one week high and low of the scrip stood at Rs. 920.00 and Rs. 810.00 respectively. The current market cap of the company is Rs. 2484.00 crore.
The promoters holding in the company stood at 58.73%, while Institutions and Non-Institutions held 0.11% and 41.16% respectively.
Goodluck India has received approval for raising of funds through issuance of equity shares of the company by way of Qualified Institutions Placement (QIP) in accordance with the provisions of Chapter Vl of Securities and Exchange Board of India (issue of Capital and Disclosure Requirements) Regulations, 2018 as amended from time to time and other applicable laws, in one or more of the tranches for an aggregate amount up to Rs 200 crore, (inclusive of such discount or premium to market price or prices permitted under applicable law), subject to necessary approval including the approval of the members of the Company and such other permissions, sanctions and statutory approvals, as may be required. The meeting of the Board of Directors of the Company held on November 15, 2023 has inter alia considered and approved the same.
Goodluck India is certified manufacturer and exporter of a precision engineered range of Cold Drawn Welded Tubes & Precision Tubes.
