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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.
KEI Ind eyes 20-25% growth for FY15; plans to repay debt

The company aims to repay its fixed term debt in the next two to two and half years. The current term debt is around Rs 200 crore, says Anil Gupta, CMD of KEI Industries.

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Wires And Cables Industry

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

KEI Ind eyes 20-25% growth for FY15; plans to repay debt