Qualified Institutional Placement

The Kolkata-based infrastructure firm said this price includes a premium of Rs 164.64 per share, which reflects a discount of Rs 9.19 per share from the floor price of Rs 183.83, representing a 5% discount.

SpiceJet flights from Dubai airport disrupted again over payment default, empty planes return home

SpiceJet flights were temporarily suspended at the Dubai airport around 10 times in the past month, an airport executive said

Adani Energy Solutions eyes Rs 50 billion fundraising via share sale

Adani Energy Solutions Ltd. is looking to raise funds through a so-called qualified institutional placement, or QIP, and plans to conclude the share sale by mid-August, people familiar with the matter said, speaking on condition of anonymity.

JK Tyre raises Rs 500 crore through QIP

The New Delhi-based company revealed that QIP was priced at Rs.345 per share (including a premium of Rs.343 per share with face value of Rs.2 per share)

Bank of Maharashtra raises Rs 1,000 crore via QIP, LIC picks up biggest chunk

Other major institutional buyers included Aditya Birla Sun Life Co, Bajaj Allianz General Insurance Company, Rajasthan Global Securities, and Societe Generale

With eye on growth capital, AU Small Finance Bank approves QIP launch

This is the third equity fund raise by AU Small Finance in the last three years and the lender’s stock price has risen by over seven percent in the last month. On May 23, 2022, Moneycontrol was the first to report that the Jaipur-headquartered firm was mulling a fresh equity fund raise through the QIP route in FY23

Indiabulls Real Estate to use Rs 865 crore QIP proceeds for land acquisition, debt reduction

The Mumbai-based firm on March 7 had launched its QIP (Qualified Institutional Placement) issue and closed it on April 12.

Godrej Properties plans Rs 7,500 crore investment in next 12-18 month to acquire, develop new projects

In March last year, Godrej Properties had raised Rs 3,750 crore through Qualified Institutional Placement (QIP) process as part of its objective to strengthen the company's balance sheet and future business growth. Its net debt is mere Rs 313 crore as on December 31, 2021.

HFCL raises Rs 600 crore though QIP

The QIP (qualified institutional placement) received responses from various institutional investors like Reliance Ventures, Quant Mutual Fund, IIFL Wealth, Elara India, Discovery, Segantii, Millennium, among others, the company said in a statement.

Indian Hotels' net loss narrows to Rs 130 crore in Q2; board approves increased fundraising plan

The company, which had posted a consolidated net loss of Rs 252.09 crore in the year-ago period.

LIC picks nearly 4% stake in Bank of India through open market transaction

Before the latest acquisition of shares in the bank, LIC held over a 3.17 per cent stake in the state-owned bank. The bank said that LIC's stake in Bank of India has now increased to 7.05 per cent, equivalent to 28,92,87,324 shares.

Bank of Maharashtra fixes floor price at Rs 24.89 per share for Rs 2,000 crore QIP

In April this year, the Pune-based lender had received board approval to raise Rs 5,000 crore by way of QIP/rights issue/ preferential issue or by issuing Basel III bonds.

PNB to pick stake in NARCL, plans to transfer Rs 8,000 crore worth NPA

In the first tranche, roughly Rs 8,000 crore is identified by the bank to be transferred to NARCL and as a result at the outstanding level that much of the amount will be reduced from the credit.

Bank of Baroda raises Rs 4,500 crore through QIP

The capital raising committee of the board on Wednesday approved the issue and allotment of 55,07,95,593 equity shares to eligible qualified institutional buyers at issue price of Rs 81.70 per share against the floor price of Rs 85.98 apiece, aggregating to Rs 4499,99,99,948.10, the bank said in a regulatory filing.

Kotak Mahindra Bank board approves QIP at Rs 913.24 per share

The bank plans to issue 6.2 crore shares for Rs 913.24 per share on the issue day as May 11.

Fund-raising via QIP plunges to Rs 4,837 cr in Apr-Feb FY17

Indian firms garnered Rs 4,837 crore from institutional investors during April-February period of the current fiscal, a sharp decline of 67 percent from the year-ago period.

Minda Industries raises Rs 300 crore via QIP

Auto components manufacturer Minda Industries today said it has raised Rs 300 crore through Qualified Institutional Placement (QIP).

Hindalco's QIP opens today, floor price at Rs 184.45/share

The company, in a release to the exchanges, said that a capital raising committee will meet on March 7 to consider the issue price of QIP.

Lakshmi Vilas Bank raise Rs 168 cr through QIP

Mid-sized private sector lender Lakshmi Vilas Bank today raised Rs 167.8 croe through a qualified institutional placement of equity shares. This was the first-ever such share sale by the over 90 year old bank.

Fund raising via QIPs slumps 66% to Rs 4,300-cr in Apr-Oct

The funds have been raised for expansion, refinancing of debt and to meet working capital requirements.

Kellton Tech looking to raise USD 3-4 m; QIP work in progress

FY17 revenue seen at Rs 625-630 crore, says Niranjan Chintam, Founder & Chairman of Kellton Tech Solutions.

Expect 40-50% loan growth over next 2-3 years: Bharat Fin

The company successfully raised Rs750 crore via a Qualified institutional placement (QIP), allocation shares at Rs 770 per share. It allocated 65 percent shares to existing investors giving the rest to new buyers.

Bharat Financial shares surge nearly 6% on Rs 750-cr QIP launch

Shares of Bharat Financial Inclusion, formerly known as SKS Microfinance, rallied 5.6 percent intraday after the company launched its qualified institutional placement (QIP) offer worth Rs 750 crore.

Bharat Financial Inclusion launches QIP to raise Rs 750 cr

The Capital Raising Committee of the board of the company at a meeting held passed the resolutions to authorise the opening of the offer today i.e., September 22, 2016, the company said in a regulatory filing.

Govt may opt for public offer to reduce IDBI Bank stake

"We have never said that QIP is the only route. Initially some investors had shown their interest in QIP, but right now there is not much interest," Finance Ministry sources said.