[ad_1] India’s largest insurance company, Life Insurance Corporation of India Ltd. has contributed to one-fourth (25%) of the total funds raised by four state-run lenders, Indian Overseas Bank (IOB), Central Bank of India, UCO Bank and Punjab Sind Bank through the Qualified Institutional Placement (QIP) process. The four lenders raised a total sum of ₹6,155 […]
Azad Engineering to raise ₹700 crore via QIP, sets issue price at ₹1,280 per share: Sources – CNBC TV18
[ad_1] Azad Engineering has launched a qualified institutional placement (QIP) to raise around ₹700 crore, people in the know told CNBC-TV18. The issue price is ₹1,280 per share, which is a discount of 1.8% to SEBI’s floor price and 5.6% to its last closing price, the sources added. With this, the company is looking at […]
Hitachi Energy to raise funds worth ₹4,200 cr via equity shares, QIP, and other means – CNBC TV18
[ad_1] Bengaluru-based Hitachi Energy India Limited announced plans to raise funds of an aggregate amount not exceeding ₹4,200 crore. The company’s Board of Directors approved the proposal during a meeting held on January 18, 2025. Company Value Change %Change The funds may be raised through equity shares or other securities, including convertible debentures, warrants, or […]
Samir Arora’s advice for stock picking in 2025 – CNBC TV18
[ad_1] Samir Arora, Founder and Fund Manager of Helios Capital, believes that large-cap stocks like HDFC Bank and ICICI Bank may not deliver very high returns in 2025 but can provide consistent growth. According to Arora, while returns of 20-25% might not be realistic, investors can expect reliable double-digit growth in the range of 15-17%, […]
2024: A record-breaking year for fundraising in Indian capital markets – CNBC TV18
[ad_1] This has been an exceptional year for Indian companies looking to raise capital, with a remarkable surge in fundraising activities across various sectors. The Indian capital markets have seen unprecedented activity, as companies collectively raised ₹3.5 lakh crore through 438 issuances, making 2024 a standout year in the financial world. A key highlight of […]
Restaurant Brands Asia approves ₹500 cr QIP, employee stock option scheme – CNBC TV18
[ad_1] Restaurant Brands Asia Ltd. (RBA), which operates the Burger King brand in India, has announced a ₹500 crore fundraise through a qualified institutions placement (QIP). The decision was taken during the board meeting held on December 20, 2024. Company Value Change %Change The QIP will involve the issuance of equity shares or other eligible […]
India’s QIP fundraising doubles, crossing ₹1 lakh crore mark by November 2024 – CNBC TV18
[ad_1] Fundraising through qualified institutional placements (QIPs) reached an all-time high in 2024, surpassing the ₹1 lakh crore-mark for the first time ever in a calendar year, fuelled by strong stock market conditions and higher valuations. Company Value Change %Change Indian companies have raised ₹1,21,321 crore through QIPs till November, according to data compiled by […]
Kalpataru Projects launches QIP to raise ₹1,000 crore, sources say; Check floor price and other details – CNBC TV18
[ad_1] Kalpataru Projects International Ltd. has launched a qualified institutional placement (QIP) to raise ₹1,000 crore, people in the know told CNBC-TV18. Company Value Change %Change The indicative issue price has been set at ₹1,201 per share, a 6.4% discount to Thursday’s closing price, and a 1.15% discount to the SEBI floor price, sources said. […]
Brookfield India REIT opens ₹3,500 crore QIP at floor price of ₹287.55 per share – CNBC TV18
[ad_1] Brookfield India Real Estate Trust has announced the approval to open institutional placements for its units, following a meeting of its Issue Committee held on Monday, December 9, 2024. The floor price for the placement has been set at ₹287.55 per unit, it said in a statement. Company Value Change %Change The decision follows […]
PG Electroplast launches QIP with floor price at ₹705.18 per share – CNBC TV18
[ad_1] PG Electroplast Limited has approved the launch of its Qualified Institutions Placement (QIP), setting the floor price for the equity issue at ₹705.18 per share. The decision was made by the QIP Committee in a meeting held today, following the approval of the company’s Board of Directors on October 19, 2024, and shareholder approval […]