Anant Raj Ltd raises Rs 1,100 crore via QIP

Synopsis

Realty developer Anant Raj has successfully raised Rs 1,100 crore through a qualified institutional placement. This significant funding will fuel the expansion of its data center and cloud infrastructure business. The company aims for substantial growth in this vertical, projecting USD 1 billion in revenue by FY32. Anant Raj is also increasing its IT load capacity across key locations.

Listed realty developer Anant Raj has raised Rs 1,100 crore via qualified institutional placement (QIP) for expansion and development of projects, as per a filing with the stock exchanges.

The company set the floor price at Rs 695.83 per share and issued shares at Rs 662.00 per share, reflecting a 4.86% discount.

The top institutional investors participating in the QIP include Société Générale – ODI, BNP Paribas Financial Markets – ODI, Morgan Stanley Asia (Singapore) Pte., Jupiter India Fund, and Kotak Mahindra Life Insurance Company Ltd.

The issue opened on October 7 and closed on October 13, 2025.

The fundraising comes as the company looks to expand its data center and cloud infrastructure business, a segment it has been actively scaling since 2019–20 through its subsidiary, Anant Raj Cloud.

The company earlier in Q1FY26 shared that it aims to generate USD 1 billion in revenue from this vertical by FY32. It currently operates 28 MW of IT load across its campuses in Manesar and Panchkula and aims to expand total capacity to 307 MW by FY32 across Manesar, Panchkula, and Rai, backed by a $2.1 billion capex plan.

In June 2024, Anant Raj partnered with Orange Business, the French IT and telecom services provider, to deliver managed cloud services in India.

Established in 1969, Anant Raj has delivered 9.96 million sq. ft. of residential and commercial projects and holds nearly 320 acres of debt-free land in Delhi-NCR. For the first quarter of FY26, the company reported a 38.3% year-on-year increase in consolidated quarterly net profit to Rs 125.90 crore.

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