Tag: SBI MF

UCO Bank raises ₹2,000 crore by selling shares mainly to LIC, SBI funds – CNBC TV18

[ad_1] State-run UCO Bank Ltd. informed the exchanges about the closure of its Qualified Institutional Placement (QIP) on Thursday, March 27. It has raised ₹2,000 crore through this exercise, as planned earlier. The lender has approved the allotment of 58.36 crore shares to eligible institutional buyers. The issue was launched on March 24. Issue price […]

Bharat Forge raises ₹1,650 crore via QIP — Here is how it plans to use the funds – CNBC TV18

[ad_1] Bharat Forge Ltd. on Monday, December 9, announced the closure of its Qualified Institutional Placement (QIP), through which it has raised a sum of ₹1,650 crore. Company Value Change %Change In an exchange filing on Monday, the company said that it has approved the issue and allotment of 1.25 crore equity shares of the […]

Sona BLW raises ₹2,400 crore through its QIP; SBI MF gets 25% the shares on offer – CNBC TV18

[ad_1] Sona BLW Precision Forgings Ltd., the manufacturer of automotive components informed the exchanges on Monday that it has closed its institutional share sale or Qualified Institutional Placement (QIP), through which it has garnered ₹2,400 crore. The issue, according to the company’s exchange filing, garnered strong interest from investors, resulting in a subscription figure of […]

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