Manaksia Coated Metals & Industries successfully raises Rs 150 cr via QIP

Manaksia Coated Metals & Industries has successfully raised Rs 150 crore through a Qualified Institutional Placement (QIP), with the issue fully subscribed. Cumulative Capital acted as the Sole Book Running Lead Manager to the issue. The fundraise witnessed participation from reputed investors, reflecting their confidence in the Company's business fundamentals, strategic direction, and long-term growth potential.