Anant Raj Files Q3 FY26 QIP Monitoring Agency Report; ₹296.98 Crore Utilised from ₹1,100 Crore QIP, No Deviations Reported
Quarterly Fund Deployment Update
Anant Raj Limited, a real estate and data center company, has filed its mandatory third-quarter FY26 monitoring agency report for the ₹1,100 crore Qualified Institutional Placement (QIP) closed in October 2025. The filing, submitted for the period ended December 31, 2025, confirms compliant utilization of proceeds with no deviations from stated objectives.
Capital Deployment Status
As of December 31, 2025, the developer has utilized ₹296.98 crore of the ₹1,100 crore QIP proceeds. The remaining ₹803.02 crore has been deployed in fixed deposits with State Bank of India earning 5.20–5.50 per cent per annum, pending deployment towards the company's stated objectives.
The funds are designated for development of data centers, construction of ongoing projects, acquisition of land, and debt reduction. The utilization remains aligned with stated issue objectives without material deviations.
QIP Structure and Investor Base
The QIP closed on October 13, 2025, with an issue price of ₹662 per share, and allocated 1,66,16,314 equity shares with a face value of ₹2 each to qualified institutional buyers. Five major institutions, including Societe Generale and BNP Paribas, received more than 50 per cent of the QIP shares.
Company Trajectory
Anant Raj Limited has led India's real estate since 1969, crafting iconic residential, commercial and IT projects with innovation, luxury and sustainability. With 30+ years in real estate, infrastructure, and finance, the company's leadership has steered Anant Raj towards profitability and asset growth, with recognition including the Indian Business Leader of the Year award in 2014.
Following completion of the QIP, Anant Raj achieved net cash positive status and prepaid debt of ₹125 crore. The company reported consolidated profit after tax of ₹252 crore for the half-year ended September 30, 2025.
Monitoring Framework
Companies must appoint a SEBI-registered monitoring agency only when the fresh issue size exceeds ₹100 crore. Under current regulations, monitoring agencies submit quarterly reports to the issuer, which is then required to file them with stock exchanges within 45 days of the end of the quarter. Anant Raj's filing fulfills these SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 requirements.