for an aggregate amount not exceeding INR 500 Cr or an equivalent amount thereof by way of qualifiedinstitutionalplacement (QIP)”. A QIP allows listed Indian companies to raise funds in the ...
What is a QIP? A qualifiedinstitutionalplacement (QIP) is a financial instrument that enables companies to raise funds by selling shares or other securities to select financial institutions, ...
State-owned Punjab National Bank successfully raised Rs 5,000 crore through an equity share issue to qualified institutional players. The issue saw significant interest, with bids reaching Rs 41,734 ...
Domestic carrier SpiceJet on Monday said it has raised Rs 3,000 crore through a QualifiedInstitutionalPlacement (QIP). The QIP, which opened on September 16 and closed on September 18, ...
The QIP issue garnered strong interest from both domestic and foreign institutional investors, leading to substantial demand over the issue size, it said in a regulatory filing. Over 95 per cent of ...
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