Page 2 - Qip

Bank of India plans to raise Rs 3,000 cr equity capital via QIP

The bank will also utilise the proceeds of the QIP for developing app based retail loan applications and offer electronic bill discounting facility, they added.

Stocks to watch: Aptus Value, Chemplast, Maruti, Eicher Motors, Canara Bank

The Board of Eicher Motors decided to unanimously reappoint Siddhartha Lal as managing director (MD) with a revised remuneration package

Fundraising through rights issues falls sharply in January-July period

Experts said promoters opt for rights issues in a bearish market as they don't want to dilute their holdings when the valuations are unattractive

Stocks to watch: HDFC Bank, Canara Bank, HAL, HCL Tech, Meghmani Finechem

Zydus Cadila received tentative approval from the US health regulator to market Lenalidomide capsules used for the treatment of various types of cancers

QIP mechanism: Sebi makes e-book platform mandatory for NCDs portion

Markets regulator Sebi on Friday came out with guidelines for non-convertible debentures with warrants products, whereby it made electronic book platform mandatory for the NCDs portion of the issue

IndiGo first Indian carrier to start ESG reporting, mulls use of green fuel

Meeting green goals will make the company attractive to global funds and lenders which are focusing increasingly more on sustainable investing

Karnataka Bank Q1 net down 46% to Rs 106 cr as treasury income dips

Mulls QIP for equity capital raise

Bank of Maharashtra closes QIP, raises about Rs 404 crore from issue

State-owned Bank of Maharashtra on Friday closed its qualified institutional placement (QIP) in which it raised about Rs 404 crore by allotting over 17 crore shares to eligible investors.

Bank of Maharashtra fixes floor price at Rs 24.89 per share for QIP

State-run Bank of Maharashtra (BoM) on Tuesday said the board has fixed floor price of Rs 24.89 per share for the proposed Rs 2,000 crore qualified institutional placement (QIP).

Indian Bank opens Rs 4000-cr QIP issue; sets floor price at Rs 142.15/share

State-owned Indian Bank on Monday launched its qualified institutional placement (QIP) of shares to raise around Rs 4,000 crore, setting the floor price at Rs 142.15 per share.

Canara Bank's board approves plan to raise up to Rs 9,000 crore in FY22

The bank had raised Rs 2,000 crore through another QIP in December 2020.

Investment bankers set to take home hefty bonuses on record fundraising

Industry players estimate the average payouts to be in the range of 50-75 per cent of the bankers' annual salaries. For the top performers, the bonuses could be 100-125 per cent

State-owned Hindustan Copper raises Rs 5 bn via QIP issue: Details here

State-owned Hindustan Copper (HCL) on Thursday said it has raised Rs 5 billion through issuance of shares to institutional investors

IDFC First Bank raises Rs 3,000 crore equity capital through QIP

IDFC First Bank raised Rs 3,000 crore via QIP in which global marquee investors like BNP Paribas and Baillie Gifford participated alongside domestic players such as Bajaj Allianz Life and HDFC Life

Godrej Properties hits 7-week low; shares fall below QIP price of Rs 1,450

The stock of Mumbai-based real estate developer was quoting lower for the sixth straight trading day

Max Healthcare Institute raises Rs 1,200 crore via QIP issue route

Max Healthcare Institute Ltd (MHC) on Wednesday said it has raised Rs 1,200 crore via issue of securities.

AU Small Finance Bank shares jump 3% as lender launches QIP issue

The issue has been set at a floor price of Rs 1,181.06 per share, on which the lender may offer a discount of not more than 5 per cent, according to its exchange filing.

Godrej Properties launches QIP to raise up to Rs 3,750 cr via share sale

Godrej Properties had sought shareholders' approval through a postal ballot

Poly Medicure hits fresh high; stock zooms 53% over QIP price

Ace investor Ashish Kacholia held 1.75 million equity shares, or a 1.83 per cent stake, in Poly Medicure as of February 19, 2021

Bank of Baroda raises Rs 4,500 cr through Qualified Institutional Placement

The committee in its meeting last week had approved raising up to Rs 4,500 crore through an issue of equity shares through QIP