Fund Raising

Nuvoco Vistas said that its arm Vadraj Cement will issue unsecured, unlisted CCDs in two tranches of Rs 600 crore each -- Series A and Series B -- to proposed investors.

Nuclear power-focused Core Energy Systems raises Rs 200 cr funding

The funding will also reinforce efforts supporting India's Small Modular Reactor (SMR) and Bharat Modular Reactor (BMR) programmes, a statement said.

Embassy REIT raises Rs 2,000 crore through 10-year NCD

Proceeds from the first 10-year NCD by a listed REIT to refinance debt

Bank of Maharashtra plans to raise Rs 7,500 crore in 2025 to reduce govt's stake to below 75%: CEO

Nidhu Saxena also says he is confident that the company will maintain its CASA deposits, despite the falling interest rate environment

Shapoorji Pallonji raises fundraising target to $3.25 billion to refinance debt

The fundraising is managed by Deutsche Bank and structured as a five-year facility comprising non-convertible debentures (NCDs) with an expected yield of about 18%.

KEI Industries raises Rs 2,000 crore via QIP; Kotak mutual fund picks up one-fourth of the issue

KEI Industries' QIP, which opened on November 25 and closed on November 28, involved the issuance of 52.6 lakh equity shares at Rs 3,800 per share, representing a discount of 2.1 percent to the floor price.

Want to be on level playing field with competitors: Zomato CEO Deepinder Goyal on Rs 8,500 crore QIP

Zomato will raise Rs 8,500 crore via QIP (qualified institutional placement) of equity shares. The food tech giant will decide the details such as price or discounts later.

Diffusion Engineers IPO allotment today after 115x subscription to Rs 158-crore IPO; here's how to check status

Diffusion Engineers is expected to finalise the allotment of its Rs 158-crore IPO today after a subscription of 114.5 times. Shares will be credited by October 3, with trading set to begin on October 4.

Godrej Properties board to meet on October 1 to consider fundraising options

Godrej Properties will consider raising funds at its next board meet on October. The realty firm is yet to decide on the modes of fundraising.

SpiceJet to use QIP proceeds for payment of statutory dues, outstanding liabilities, fleet expansion

Out of the total proceeds from the QIP, Rs 750 crore will be used for paying outstanding liabilities to creditors, including aircraft and engine lessors, engineering vendors, financiers, Rs 601.5 crore for paying statutory dues, and Rs 410 crore for ungrounding and maintaining its existing fleet and for purchasing new components, the company said.

Bajaj Housing Finance IPO Day 2 Today: Should you subscribe? GMP jumps further, issue fully booked on day 1

Bajaj Housing Finance IPO was fully subscribed within 4 hours of opening. The Bajaj group public issue is seen as an attractive opportunity in the housing finance sector, a segment that has been gaining momentum.

Brigade Enterprises raises Rs 1,500 cr via QIP: ICICI Pru, Goldman Sachs, Nippon, Kotak, Axis among investors

Brigade Enterprises allotted 1.3 crore equity shares at Rs 1,150 per share in a QIP equity issue to institutional investors including ICIC Pru, Axis, Kotak, Franklin and others.

PNB Housing Finance to consider proposal of fund raising up to Rs 2,500 crore via NCDs

PNB Housing Finance has seen quite a few major stake sales in recent months, with big names like The Carlyle Group, General Atlantic Singapore and Asia Opportunities V (Mauritius) being sellers in those deals.

Cash-strapped SpiceJet to lease 10 new planes ahead of upcoming festive season: Sources

The struggling low-cost carrier is holding investor roadshows in Mumbai, Singapore and Hong Kong to fuel interest for its upcoming qualified institutional placements in a bid to raise around Rs 3,000 crore. The airline has appointed ICICI Securities, JM Financials and DAM Capitals as merchant bankers for the beleaguered airline’s stake sale.

Reliance strengthens balance sheet in FY24, sets stage for growth, says Annual Report

Mukesh Ambani, chairman and managing director of RIL, said the company is now ready for the next level of growth after consolidating its balance sheet in FY24.

Adani Energy Solutions launches QIP to raise up to Rs 8,373 crore, sees 5x demand from investors: CNBC-TV18

Adani Energy Solutions QIP issue has garnered strong demand, being subscribed almost five times, with investor interest amounting to nearly $5 billion

Puravankara planning $100-mn QIP as real estate firms tap markets for funding growth, reduce debt

Real estate developers have been tapping the markets to raise equity to shore up their balance sheets and reduce their dependence on debt funded growth of the past.

MC Exclusive | Speciality hospital chain The Eye Foundation taps PE funds in maiden bid to raise $100 mn

In the last two years, the Indian eye care segment has attracted investments from private equity firms like Chrys Capital, TPG Growth, Temasek and Quadria Capital

Bank of Maharashtra may raise Rs 5,000 cr, Central Bank Rs 2,000 cr via QIP issues; board nod awaited

Bank of Maharashtra and Central Bank of India are looking to raise funds from institutional investors, in order to cut government stake and meet minimum public float.

Ami Organics stock jumps over 5% as firm aims to raise Rs 500 crore via QIP

Ami Organics has launched a QIP to raise up to Rs 500 crore. The company is offering shares at a floor price of Rs 1,228.71 per share.

Transformers and Rectifiers India allots 75 lakh shares to Nomura, Goldman Sachs, HSBC, more in Rs 500-cr QIP

Transformers and Rectifiers India Ltd has closed its QIP, raising Rs 500 crore via issue of 75 lakh shares.

MC Exclusive: Navi open to external investment for acquisitions, cash cushion for uncertain times: Sachin Bansal

Bansal says Navi is preparing for an IPO in 24 months. The previous attempt was abandoned due to market volatility arising due to macro conditions

Vedanta gets board nod to raise up to Rs 2,500 crore through NCDs

The company expects projects pipeline in place to add $6 billion to topline, $2.5-3 billion to EBIDTA.

Green hydrogen firm Hygenco aims to raise over $100 million by Sept

The company had raised its first round of funds in 2022 from Neev II Fund of close to $25 million.

Gold loan player Indel Money eyes Rs 1,600 crore AUM by March, to raise Rs 200 cr via NCD

The Kochi-based company also announced its fourth debt issuance to raise up to Rs 200 crore, offering as much as 12.25 percent annual yield to investors.