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 ...

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 ...

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.

Automotive OEM supplier Samvardhana Motherson's Qualified Institutions Placement (QIP) of shares has opened with a floor price of Rs 188.85 per share, the company said in a late evening exchange ...

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.

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 ...

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 ...

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 ...

Through the QIP, the struggling carrier is aiming to raise funds by selling shares to eligible institutional participants. ICICI and Indian Bank are yet to give consent for the QIP whereas Yes Bank ...