Raymond board approves ₹215 crore fundraise via preferential issue; everything investors should know

The company in a regulatory filing said that it plans to raise the funds through the preferential allotment of 33.28 lakh convertible warrants at an issue price of ₹645 per warrant. The warrants will be allotted on a private placement basis to Minerva Ventures Fund.

This is, however, subject to members’ approval and other applicable statutory and regulatory approvals.

Raymond further said that each warrant will entitle the holder to subscribe to one fully paid-up equity share of face value ₹10 at an issue price of ₹645 per share, including a premium of ₹635 per share.

The warrants can be converted into equity shares, in one or more tranches, within 18 months from the date of allotment. “Unconverted Warrants shall lapse upon the expiry of 18 months, and the upfront consideration paid towards such Warrants shall stand forfeited,” the company added.

Earlier this year, in May, Raymond had raised funds through the issuance of up to 66,57,373 warrants on a preferential basis. The warrants were issued at ₹497 per warrant, including a premium of ₹487, aggregating up to ₹330.88 crore.

Raymond Q1 FY27 earnings

For Q1 FY27, Raymond continued with steady growth momentum with total income of ₹628 crore, reflecting a 13% increase over the previous year. While the quarterly EBITDA stood at ₹100 crore with an EBITDA margin of 15.9%, an increase of 14% year-on-year (YoY).

The company had said its performance was anchored by the Aerospace & Defense and Precision Technology & Auto Components divisions.

The aerospace and defence business generated ₹123 crore in revenue in Q1 FY27, a 40.4% increase over ₹87 crore in Q1 FY26. EBITDA grew by 25.4%, reaching ₹ 26 crore in Q1 FY27 compared to ₹ 21 crore in Q1 FY26.

The EBITDA margins were at 21.2% in Q1 FY27 compared to 23.7% in Q1 FY26. This temporary compression was due to targeted R&D investments required to capture revenue expansion. The firm expects the margins to stabilise as programs reach steady-state.

The precision technology and auto components made ₹444 crore in revenue in the reporting quarter, an 11.5% increase from ₹398 crore YoY.

Raymond share price trends

After hitting its lifetime high of ₹869 per share on Tuesday, the stock of Raymond settled at ₹857.80 apiece on the National Stock Exchange, soaring 11%.

Over a month’s time, the stock has gained 37%, while it has skyrocketed 131% in the last six months. From the beginning of the year, Raymond shares have zoomed over 101%.

According to NSE data, as of September 8, 2026, Raymond has a total market capitalisation of ₹5,704.37 crore.