Although currently not a threat, a low-chance system in the central Atlantic the National Hurricane Center began tracking ...

Northern Michigan is in the midst of a prolonged dry and unseasonably warm stretch which will carry through the majority of ...

Realty firm Prestige Estates Projects Ltd has raised Rs 5,000 crore by selling equity shares to institutional investors ...

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 ...

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 ...

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 ...

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 ...

Market experts attributed the primary reason for the increase in Qualified Institutional Placement (QIP) fundraising to the market and investor sentiments that play an important role in their success.

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 ...

SpiceJet's Rs 3,000-crore qualified institutional placement has garnered strong investor interest, being oversubscribed by key players such as Tata Mutual Fund and Discovery Fund. The raised funds ...

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 ...