GMR Infra BOD OKs Rs 6,000 Crore Fundraising Plan
GMR Infrastructure has approved in the board meeting for a capital raising plan of up to Rs 6,000 crore by issue of securities via qualified...
Tag : qualified institutional placement (QIP)
AU Small Finance Bank Launches QIP, Looks to Raise Rs 2,000 Crore
Private sector lender AU Small Finance Bank (SFB) started its qualified institutional placement (QIP) on August 3 to raise Rs 2,000 crore and set a...
VI Issues Clarification on Reports of Amazon’s Investment
On Wednesday, Vodafone Idea (VI) had issued a clarification of the telecom firm being with Amazon, private equity firms (PEs) for a Rs 20,000 crore...
Ujjivan Financial, Small Finance Bank Hit 52-Week Lows
Shares of Ujjivan Financial Services (down 7 per cent at Rs 105) and Ujjivan Small Finance Bank (down 3 per cent at Rs 17.40) hit...
Macrotech Developers Up 14% on QIP Issue
Macrotech Developers (LODHA) have soared 14 per cent to Rs 1,459.25 on the BSE intra-day trade after the real-estate developer announced the opening of its...
Canara Bank Can Rise 31% Via QIP
Canara Bank has been in the news recently in the backdrop of the bank raising Rs 2,500 crore via a qualified institutional placement (QIP), with...
AU Small Finance Bank’s Q4 Gives No Comfort
Investors who picked up AU Small Finance Bank Ltd shares at its qualified institutional placement (QIP) last month have got a sour deal. Shares of...
IDFC First Bank Cuts Savings Interest Rate to Up to 4%
IDFC First Bank has cut the interest rate on savings accounts from 6 per cent to 4-5 per cent for a minimum account balance above...
IDFC First Bank Raises Rs 3,000 Crore Via QIP Issue
IDFC First Bank has raised Rs 3,000 crore through a qualified institutional placement (QIP) offer, the company said. IDFC First Bank informed in an exchange...
AU Small Finance Bank Raises Rs 600 Cr Through QIP
Jaipur-based AU Small Finance Bank has raised Rs 625.50 crore by issuing shares to a set of investors through qualified institutional placement (QIP). The bank...