Mic Electronics Plans Rs 2.5 Billion Fundraise Via QIP And USD 15 Million Through FCCBs

Dual Fundraising Strategy To Accelerate Growth  

Mic Electronics Ltd, a leading player in LED display and electronic signage solutions, has unveiled a dual fundraising plan to bolster its financial position and fuel future growth. The company aims to raise up to Rs 2.5 billion through QIP and an additional USD 15 million via FCCBs, as per its board resolution dated November 5, 2025.

The funds will be deployed to meet working capital requirements, support product innovation, and expand manufacturing capabilities. The FCCB route is expected to attract global investors, while the QIP will tap domestic institutional interest.

Mic Electronics has been focusing on scaling its smart city and transportation display projects, and the proposed capital raise is aligned with its long-term strategy to enhance market share and improve financial flexibility.

Important Points  

• Fundraising plan includes Rs 2.5 billion via QIP and USD 15 million via FCCBs  
• Capital to be used for expansion, innovation, and working capital  
• FCCBs aimed at attracting foreign investment  
• QIP to engage domestic institutional investors  
• Supports strategic growth in display technology and infrastructure  

Sources: Economic Times, MoneyWorks4Me, Trendlyne