Rajoo Engineers Limited has launched a qualified institutions placement of its equity shares aggregating to ₹160 crore.

Vidhigya Associates, Advocates advised lead manager GYR Capital Advisors Private Limited as the Sole Legal Counsel to the QIP.

The transaction team included Vedang Mehta (Associate Partner), Mohit Parekh (Associate Partner) and Yash Desai (Senior Associate).

Established in 1986, Rajoo Engineers Limited is a manufacturer of advanced plastic processing machinery, serving diverse industries across the globe with capabilities to produce high-performance plastic packaging machinery and engineering components. Its core offerings include mono and multilayer blown film lines (up to nine layers), sheet extrusion lines, thermoforming and PS foam vacuum forming machines, drip irrigation pipe lines, and lab-scale equipment. With proprietary technologies such as LAMEX™, MULTIFOIL®, FOMEX™, NONAFOILTM, and DISPOTILT™, Rajoo Engineers caters to applications in packaging, agriculture and industrial sectors.

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