Anant Raj Ltd Seeks Rs 1,100 Cr via QIP for Data Center Expansion

In order to grow its data center and cloud infrastructure business, which it has been aggressively growing since 2019–20 via its subsidiary, Anant Raj Cloud, the firm is seeking money.

Rs 1,100 Cr QIP Plan

According to a statement with the stock exchanges, Anant Raj Limited intends to raise Rs 1,100 crore via a Qualified Institutional Placement (QIP) for project development and growth.

The issue will end on October 8, 2025, having opened on October 7. The issue’s floor price, as determined by the firm, is Rs 695.83 per share. In relation to the matter, the board of directors has also accepted and authorized the application form and preliminary placement agreement dated October 7, 2025.

Data Center Expansion Strategy

In order to grow its data center and cloud infrastructure business, which it has been aggressively growing since 2019–20 via its subsidiary, Anant Raj Cloud, the firm is seeking money. The corporation said previously in Q1FY26 that by FY32, it hopes to make USD 1 billion from this sector.

With the support of a $2.1 billion capital expenditure plan, it plans to increase the overall capacity to 307 MW by FY32 across its campuses in Manesar, Panchkula, and Rai, from the existing 28 MW of IT load. In order to offer managed cloud services in India, Anant Raj teamed up with Orange Business, a French supplier of telecom and IT services, in June 2024.

India’s data center ecosystem is anticipated to benefit greatly from the Ministry of Electronics and Information Technology’s (MeitY) proposed draft National Data Center Policy 2025. The goal of the policy is to ease capital requirements and draw in large investments by providing developers who meet energy efficiency, capacity expansion, and job creation targets with tax exemptions for up to 20 years.

Anant Raj Growth Momentum

At a time when demand is rapidly increasing, industry experts predict that this action will help establish India as a competitive global hub for cloud services, AI modeling, and digital storage while also accelerating infrastructure growth and lowering operating costs. One of the businesses aggressively growing its footprint in this industry is Anant Raj.

Since its founding in 1969, Anant Raj has completed 9.96 million square feet of residential and commercial developments and owns around 320 acres of debt-free property in Delhi-NCR. Healthy demand and operational efficiency helped the business achieve a 38.3% year-over-year growth in consolidated net profit to Rs 125.9 crore for the first quarter of FY26.

In order to reduce its debt and operating capital needs, the business utilized some of the Rs 500 crore QIP it raised last year. The Economic Times said that the business attempted to raise Rs 2,000 crore via QIP again later in the year but canceled it due to the market slump.

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