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Navin Fluorine Opens ₹750 Cr QIP at ₹4,798.28/Share to Fund Specialty Chemical Expansion

Updated: July 07, 2025 20:53

Image Source: The Economic Times
 Navin Fluorine International Ltd has launched a Qualified Institutional Placement (QIP) to raise up to ₹750 crore, setting the floor price at ₹4,798.28 per share. The move is aimed at bolstering its specialty chemicals and fluorochemicals capacity, aligning with its long-term growth strategy.
 
Key Highlights:
  • The QIP will be conducted in one or more tranches and may include equity shares, GDRs, ADRs, FCCBs, or other convertible instruments.
  • The floor price represents a modest premium over the recent trading range, signaling confidence in institutional appetite.
  • Funds will be used for capacity expansion, R&D, and potential inorganic opportunities in high-margin segments like HPP and CRAMS.
  • The company reported a 35.7% YoY jump in Q4 FY25 net profit to ₹95 crore, with EBITDA margins improving to 25.5%.
Sources: CNBC-TV18, Economic Times, ET Now, Navin Fluorine BSE Filings

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