Rajoo Engineers successfully raised ₹160 crore via a QIP, allotting 1,46,78,900 shares at ₹109.00 each. The QIP, which closed on July 21, 2025, saw strong demand from diverse institutional investors, resulting in increased FII and DII holdings. Funds will fuel inorganic growth through strategic acquisitions, expanding product portfolios, market reach, and technological capabilities.