Marathon Nextgen Realty Limited's Operations Committee, in its meeting held on July 1, 2025, approved the allotment of 1,62,12,406 Equity Shares through a Qualified Institutions Placement (QIP).
- The shares were allotted at an issue price of ₹ 555.13 per Equity Share, including a premium of ₹ 550.13 per Equity Share.
- This issue price included a discount of ₹ 29.21 (5% of the floor price of ₹ 584.34).
- The QIP successfully raised approximately ₹ 900 Crores.
- Following the allotment, the company's paid-up equity share capital increased from ₹ 25,60,40,700 (consisting of 5,12,08,140 Equity Shares) to ₹ 33,71,02,730 (consisting of 6,74,20,546 Equity Shares).
- Key allottees who received more than 5% of the equity shares offered in the issue include:
- QUANT: 39.44% (Mutual Funds)
- MAYBANK SECURITIES PTE LTD: 14.44% (Foreign Portfolio Investors)
- ZETA GLOBAL FUNDS (OEIC) PCC LIMITED: 9.56% (Foreign Portfolio Investors)
- BUOYANT OPPORTUNITIES STRATEGY: 9.11% (Alternate Investment Funds)
- SAGEONE - FLAGSHIP GROWTH: 7.22% (Alternate Investment Funds)