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.

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 ...

The Union government approved on Wednesday a proposal to raise funds via share sale to institutional investors of up to 7% equity in Indian Renewable Energy Development Agency Ltd. The Department of ...

The Indian Renewable Energy Development Agency (IREDA) has received approval from the Union government to raise funds by selling fresh equity through qualified institutions placement (QIP). This QIP ...

1/- each, for an aggregate amount not exceeding Rs. 2,250 crore, through Qualified Institutions Placement (QIP) in one or more tranches.

Budget airline has not officially announced the QIP size yet but said its board has approved raising of up to ₹3,000 crore SpiceJet shares gap down and fell to the day's low at ₹72.85, down 6.3%.