Follow us
JK Tyre raises Rs 500 crore via Qualified Institutional Placement
The QIP funds will be used for growth capex and strengthening the balance sheet.
2938 Views
JK Tyre & Industries Limited has raised Rs 500 crore by way of a Qualified Institutional Placement (QIP).
The QIP funds will be used for growth capex and strengthening the balance sheet.
The Qualified Institutional Placement was priced at Rs 345 per share, (including a premium of Rs 343 per share, with a face value of Rs 343 per share with a face value of Rs 2 per share.
Dr. Raghupati Singhania, Chairman and Managing Director, JK Tyre said; “We are pleased to have completed QIP of Rs 500 crore. This is an important milestone in our corporate journey. Participation of several reputed investors in the issue endorses their faith and confidence in the Company’s growth story.
Emkay Global Financial Services Ltd managed the issue as sole Lead Manager.
RELATED ARTICLES
Suzuki to Launch New e SKY EV in Japan on November 16
Dev Vadchhedia
07 Oct 2026
Suzuki introduces its first electric kei car built on HEARTECT-e platform with a 310-kilometre WLTC range.
JSW MG Launches Limited-Edition Hector Storm Series at Rs 19.99 Lakh
Autocar Professional Bureau
07 Oct 2026
JSW MG introduces Hector Blackstorm and Snowstorm editions with dark-themed styling accents.
Trev Mobility to Raise $2 Million for Premium EV Fleet Expansion
Dev Vadchhedia
07 Oct 2026
Trev targets 300 vehicles by FY27 and plans multi-city expansion across Bengaluru and Mumbai.
