This QIP permits them to raise capital by issuing new shares to institutional investors such as banks and mutual funds. The government, IREDA’s largest stakeholder, plans to reduce its position ...
In 2024 so far, 58 listed companies have raised around Rs 64,924 crore through QIPs -- the highest since 2020 when 25 firms raised around Rs 80,816 crore The ongoing optimism in the secondary ...
SpiceJet has opened a QIP to raise up to Rs 3,000 crore at a floor price of Rs 64.79 per share, the company said on September 16, informing exchanges about a preliminary placement document.
The QIP floor price, which is 2.6 per cent less than Monday's closing price, has been set at Rs 188.85. The company's shares were trading on the NSE for Rs 192.70 a share, 0.54 per cent lower at ...
The money will be raised through the QIP route, which is a measure through which companies can raise capital by selling shares or other securities to qualified institutional buyers.
Defence simulation training equipment and counter drone solutions provider Zen Technologies has raised ₹1,000 crore through its first qualified institutional placement (QIP). As part of the QIP ...
A QIP issue leads to equity placement, resulting in dilution of existing shareholders' ownership. “QIPs are essentially a bull market product, thriving in bullish secondary markets where ...
New NASA research reveals a process to generate extremely accurate eclipse maps, which plot the predicted path of the Moon’s ...
Zen Technologies Ltd, a Defence simulation training equipment and counter-drone solutions company, has raised ₹1,000 crore through Qualified Institutional Placement (QIP). Key investors ...
Shares of Prestige Estates Projects rose over 2% after the Bengaluru-based real estate developer initiated a Qualified Institutional Placement (QIP). (Photo: Freepik) Prestige Estates Projects ...
Shares of Zen Technologies Limited hit their record high on Monday after the firm said it has successfully raised Rs 1,000 ...