Anant Raj Launches ₹1,100 Crore QIP, Shares Dip 4.7%

On October 9th, 2025, Anant Raj, the Delhi-based real estate developer, launched a ₹1,100 crore qualified institutional placement (QIP) offering. The company's board approved a floor price of ₹695.83 per share for the issue, which represents a 5.4% discount from the previous day's closing price of ₹736.3 per share.

The announcement of the QIP launch led to a 4.7% drop in Anant Raj's share price, with the stock trading at an intraday low of ₹701 per share. At the time of reporting, the company's shares were trading 4.17% lower at ₹705.6 per share on the BSE, while the broader Sensex index was up 0.09%.

Anant Raj, which has a market capitalization of ₹24,220.47 crore, has been expanding its business portfolio in recent years. In addition to its real estate ventures, the company has been investing heavily in the development of data centers and digital cloud services. According to reports, Anant Raj plans to spend ₹18,000 crore on data centers by 2032, aiming to have a capacity of over 300 megawatts by that time.

The company's decision to raise funds through a QIP comes as it seeks to capitalize on the growing demand for artificial intelligence and business process-led services in the country. The QIP will allow Anant Raj to strengthen its balance sheet and fund its expansion plans, including the development of new data center facilities.