Page 5 - Qip

UCO Bank approves raising Rs 3,000 cr in FY21, awaits shareholders nod

In a regulatory filing, the bank said that it will now seek shareholders' approval in its annual general meeting on August 7

ICICI Bank to raise up to Rs 15,000 cr to support business growth

The lender joins a slew of other private sector banks who have undertaken a similar exercise

Protection stocks offer opportunity; opt for insurance and gold finance cos

Quality stocks in banking and financial services sector are still available at attractive valuations

Axis Bank gets approval to raise up to Rs 15,000 cr to tide over Covid-19

In a meeting held on Thursday, the private lenders' board approved the capital raising plan through issue of equity shares/ depository receipts or any other instrument or securities

Kotak launches $1 bn QIP, will issue 65 mn new shares for Rs 1,147.75 each

The bank has the discretion to offer up to 5% discount on floor price to investors participating in the QIP programme

Torrent Pharma gets shareholder nod to raise up to Rs 5,000 crore

The approval of the shareholders was sought by way of special resolution through a postal ballot

PNB Housing Finance to raise Rs 1,700 crore in equity through QIP

The housing finance company, however, did not specify timing for the QIP offering

Avenue Supermarts, Bajaj Finance: QIP-related stocks outperform markets

YES Bank (down 58 per cent), RBL Bank (down 5 per cent) and Prestige Estates Projects (down 0.04 per cent) are the only three counters to trade below their respective QIP prices

DMart launches its QIP programme to raise at least Rs 4,000 crore

The company is currently valued at Rs 1.41 trillion and is among top 20 most valued firms in the country

Chola to raise Rs 900 crore through QIP; Singapore govt among investors

A total of 2,81,25,000 equity shares of face value Rs 2 each has been approved for allotment.

Cholamandalam Investment opens QIP with floor price of Rs 322.59 per share

The company said that it may offer a discount of not more than five per cent on the floor price so calculated for the issue

Airtel mops up $2 billion at issue price of Rs 445 per share as part of QIP

Issue price was at a discount of 1.57% to the stated floor price of Rs 452.09 per equity share

Top Headlines: Amazon to invest $1 bn in Indian SMBs, Airtel $3-bn QIP plan

Bharti Airtel has announced allotment of 323.5 mn equity shares to eligible institutional buyers at an issue price of Rs 445 per share as part of $2 billion QIP

Bharti Airtel's fundraise garners $10 billion, three times its target

The issue opened Wednesday and has already been oversubscribed and according to banking sources the allocation of the shares will be made next week

Five of 11 entities to go for QIPs trading in red; Lakshmi Vilas top loser

While investors have made decent returns on most deals, they have lost out heavily on three transactions.

Airtel board clears $3-bn fundraising via QIP, other means, to pay AGR dues

The company has clarified that apart from $2 billion through QIP, the overall issuance for now shall be up to $1 billion, making it a total of $3-billion fund raising

RBL Bank looks to raise Rs 1,600 cr via QIPs; sets floor price of Rs 352.57

On July 9, RBL Bank had informed its shareholders at its annual general meeting that it would raise equity capital not exceeding Rs 3,500 crore

Shree Cement launches Rs 3,000-cr QIP, fixes price at Rs 19,806 a share

Promoters currently hold 64.79 per cent in the company, while foreign portfolio investors have an 11.88 per cent stake.

Fund mobilisation via QIPs in 2019 is the second-highest in five years

In the past two months alone, four companies have garnered a cumulative Rs 22,400 crore via this route

Bajaj Finance gains 2% on Rs 8,500 crore QIP launch

The shares of Bajaj Finance ended Monday's session at Rs 4,116. The offer price is at a discount of 5.2 to 6.2 per cent to the closing price on Monday.