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Anant Raj Limited plans to raise Rs. 1,100 crore through a Qualified Institutional Placement (QIP) to fund its expansion and development projects, the company said in a filing with the stock exchanges.
The issue opened on October 7 and will close on October 8, 2025. The floor price for the issue has been set at Rs. 695.83 per share. The board of directors has also approved and adopted the preliminary placement document and application form dated October 7, 2025, related to the issue.
The fundraising comes as the company steps up expansion of its data center and cloud infrastructure business, which it has been growing since 2019 - 20 through its subsidiary, Anant Raj Cloud. In its Q1 FY26 results, the company said it aims to generate USD 1 billion in revenue from this vertical by FY32.
At present, Anant Raj operates 28 MW of IT load across its campuses in Manesar and Panchkula. It plans to scale total capacity to 307 MW by FY32 across Manesar, Panchkula, and Rai, supported by a $2.1 billion capital expenditure plan. In June 2024, the company partnered with French IT and telecom major Orange Business to offer managed cloud services in India.
The proposed National Data Centre Policy 2025, announced by the Ministry of Electronics and Information Technology (MeitY), is expected to further boost India’s data center ecosystem. The policy proposes tax exemptions of up to 20 years for developers that meet targets on capacity expansion, energy efficiency, and job creation. It aims to attract large-scale investments and make funding easier for developers.
Industry experts believe such policy support will accelerate infrastructure growth, reduce operational costs, and strengthen India’s position as a global hub for cloud services, AI modeling, and digital storage—areas seeing rapid growth in demand. Anant Raj is among the companies actively expanding their footprint in this space.
Founded in 1969, Anant Raj has delivered nearly 9.96 million sq. ft. of residential and commercial projects and owns about 320 acres of debt-free land in Delhi-NCR. In the first quarter of FY26, the company reported a 38.3% year-on-year rise in consolidated net profit to Rs. 125.9 crore, driven by strong demand and operational efficiency.
Last year, the company raised ?500 crore through a QIP and used part of the proceeds to reduce debt and meet working capital needs. Later, it planned another Rs. 2,000 crore QIP but cancelled it following a market downturn, according to a report by the Economic Times.
