Capacit'e Infraprojects to Raise ₹ 96.3 Crore through Preferential Issue of Equity Shares

MUMBAI, 08 JUNE, 2023 (TGN): Capacit'e Infraprojects Limited (“Company”), a fast-growing construction company providing end to end services for residential, commercial, and Institutional building with a presence in Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Gandhinagar, Pune, Goa, Chennai, Kochi, Hyderabad and Bengaluru has announced its plan to raise ₹ 96.30 crores through a preferential issue of equity shares, subject to shareholders approval. The funds raised will be utilized to support the Company's long-term working capital requirements.

Capacit'e Infraprojects Limited has secured proposed investments from esteemed investors, including Param Value Investments, Mr. Vikas Khemani, and Capri Global Holding Private Limited. These reputable investors have demonstrated their confidence in Capacite's growth potential and strategic vision.

The breakdown of the proposed investment is as follows:

1. Param Value Investments - INR 50.15 crores

2. Mr. Vikas Khemani - INR 24.99 crores

3. Capri Global Holding Private Limited - INR 5.1 crores

4. Others - INR 16.06 crores

Mr. Rohit Katyal, Executive Director & CFO of Capacit'e Infraprojects Limited, commented, stating, "We are delighted to have secured these funds through the preferential issue of equity shares, subject to shareholders approval. This fundraising initiative not only enhances our financial flexibility but also affirms our position as a leading player in the construction industry. The raised capital will be strategically utilized to fuel our future growth and fortify our operational capabilities, allowing us to deliver exceptional value to our clients and stakeholders.”

Capacite Infraprojects' successful fundraising initiative exemplifies its ability to attract key investors and secure vital financial resources. The Company remains dedicated to its mission of delivering excellence in construction services and achieving sustainable success further consolidating its position as a leading player in the construction industry.

Marathon Capital Advisors acted as the sole financial advisors to the Company.

About Capacit'e Infraprojects Limited

Capacit'e Infraprojects Limited (Capacit'e/the Company) has etched a name for itself as a quality contractor in the buildings space. Today, it is working with almost all major real estate developers in the country. Capacit'e has been rapidly emerging as a marquee contractor in the building space with good repute. The Company’s sharp focus on the single segment of buildings, with an emphasis on technology, a robust asset base and the promoters’ rich experience in the EPC space have enabled it to scale up quickly in the building space and become a well-respected player. Capacit'e provides end-to-end construction services for High Rise and Super High-Rise Buildings, Townships, Mass Housing, etc. in the residential space, Office Complexes, IT & ITES Parks in the commercial space and Hospitality, Healthcare Facilities, Industrial Buildings, MLCPs in the institutional space.