[ad_1] Food delivery aggregator Zomato Ltd opened its ₹8,500 Qualified Institutions Placement (QIP) offering on Monday , with a floor price set at ₹265.91 per equity share. The company had announced on November 23, 2024 that its shareholders have approved a proposal to raise capital through a Qualified Institutions Placement (QIP). Last month, its board […]
Zaggle Prepaid board approves fund raising of up to ₹950 crore via QIP – CNBC TV18
[ad_1] Hyderabad-based B2B SaaS fintech firm, Zaggle Prepaid Ocean Services, announced that it will raise up to ₹950 crore through the issuance of equity shares and other securities, following a board meeting held on October 30, 2024. The company provided details on the proposed securities, which include equity shares, convertible bonds, and non-convertible instruments. Zaggle […]
Zomato to review fundraising via QIP on October 22 – CNBC TV18
[ad_1] Zomato Ltd has announced that its board will review raising funds through qualified institutional placements (QIP) on October 22, as per a regulatory filing. The board will also approve the company’s second-quarter results on the same day, with an earnings call scheduled for 5 p.m. IST. On October 17, Zomato’s shares on BSE dropped […]
Sansera Engineering shares gain on launch of ₹1,200 crore QIP to fund growth plans – CNBC TV18
[ad_1] Sansera Engineering Ltd shares gained nearly 3% in morning trade on Friday, October 11, after the company announced the launch of its Qualified Institutional Placement (QIP) to raise up to ₹1,200 crore (about $143 million) to support the company’s growth plans and strengthen financial position. The indicative price range for the QIP has been […]
SpiceJet QIP: Board greenlights 48.7 crore share allotment at ₹61.60 per share – CNBC TV18
[ad_1] SpiceJet announced on Saturday that its board has approved the issuance and allotment of 48.70 crore equity shares to qualified institutional buyers at ₹61.60 per share, which includes a premium of ₹51.60 and a discount of ₹3.19 per share to the floor price. The total amount raised from the issue will be ₹2,999.99 crore. […]
Max Estates looks at raising up to ₹800 crore via QIP: Sources – CNBC TV18
[ad_1] Max Estates is looking at raising up to ₹800 crore via qualified institutional placement (QIP) at an issue price of ₹597.50 per share, people in the know told CNBC-TV18. The company will utilise the proceeds from the QIP for the acquisition of land, interest in land and or land development rights, sources said. The […]
SEBI releases consultation paper on faster rights issue with flexibility to select investors – CNBC TV18
[ad_1] In order to make Rights Issues a preferred mode of fundraising compared to other modes, markets regulator SEBI has issued a consultation paper on fast-tracking the Rights Issue process. The consultation paper also discusses the flexibility for the allotment of shares through the process to select investors. Currently, the allotment of shares through a […]