Union Bank looks to raise Rs 2,500 cr via QIP next month
Days after it got shareholders' approval to raise around Rs 3,700 crore, state-owned Union Bank of India has said it's planning to mop up Rs 2,500 crore through qualified institutional placement (QIP) next month.
Jun 28, 2015, 14:58 PM IST
City Union Bank to raise Rs 500 cr from QIP
Private sector City Union Bank on Monday said it proposes to raise Rs 500 crore through Qualified Institutions Placement (QIP) to fund its business growth.
Jun 22, 2015, 19:31 PM IST
Fund raising via QIP hit 5-yr high at over Rs 28,000 cr in FY15
Fund raising through the qualified institutional placement (QIP) route has hit five years high of over Rs 28,000 crore in 2014-15, indicating increased interest among domestic firms to mop-up capital via this route.
Apr 08, 2015, 17:20 PM IST
Companies raise Rs 58,801 cr via equity markets in FY'15; QIPs a big hit
Indian companies have raised a staggering Rs 58,801 crore through equity markets in the financial year that ended on Tuesday-- the best funds mop-up since 2010-11 fiscal.
Mar 31, 2015, 17:16 PM IST
Cos raise over $4-bn from QIP in FY15; $3-bn more in pipeline
Indian companies have raised over USD 4 billion (Rs 27,000 crore) from Qualified Institutional Placement (QIP) of shares so far in the current fiscal, while plans are underway to garner further funds worth an estimated USD 3 billion through this route.
Mar 08, 2015, 12:03 PM IST
SBI hints at launching Rs 15,000-cr QIP issue "anytime"
State Bank of India (SBI) Wednesday hinted that its biggest share sale issue, which may fetch a whopping Rs 10,000-15,000 crore, may hit the markets "anytime".
Mar 04, 2015, 23:06 PM IST
Religare Finvest to raise Rs 100cr via NCD, issue opens Feb 16
Religare Finvest Ltd, the NBFC arm of Religare Enterprises Ltd, will launch on February 16 its NCD issue to raise up to Rs 100 crore through private placement.
Feb 11, 2015, 23:42 PM IST
Funds via QIP route surge to Rs 24,452 cr in 9 months from April
Firms had mopped up Rs 5,483 crore through Qualified Institutional Placement (QIP) route, during April-December period of previous fiscal, 2013-14.
Jan 28, 2015, 15:07 PM IST
Fund raising via QIP surges to Rs 30,000 cr so far in 2014
According to latest update available with the market regulator Sebi, companies have mopped up Rs 29,582 crore through 33 QIP issues during January-October period of 2014.
Nov 27, 2014, 15:14 PM IST
Cox & Kings fixes QIP floor price at Rs 309.18
Tours and travel firm Cox & Kings has fixed the floor price at Rs 309.18 per equity share for raising funds through the qualified institutional placement (QIP) route to mop up Rs 1,200 crore.
Nov 21, 2014, 15:06 PM IST
Fund raising via debt placement falls 34% to Rs 38K cr in Oct
Fund mobilisation by Indian firms through private placement of corporate debt securities or bonds plunged by 34 per cent to just over Rs 38,000 crore in October.
Nov 10, 2014, 14:36 PM IST
Allahabad Bank seeks Rs 900 crore capital from government
The government has budgeted only Rs 11,200 for capital infusion in public sector banks during this fiscal.
Sep 16, 2014, 19:17 PM IST
Canara Bank may close Rs 3,500-crore QIP issue by November
State-run Canara Bank which has board approval to raise Rs 3,500 crore through a qualified institutional placement (QIP) is awaiting government approval for the same and expects to mop up the money by November.
Sep 16, 2014, 18:41 PM IST
Gammon Infra Projects raises Rs 259 crore through QIP
Gammon Infrastructure Projects on Monday said it has raised Rs 259 crore through a qualified institutional placement (QIP).
Sep 08, 2014, 22:05 PM IST
GMR Infra shares tumble 8% on QIP issue
Shares of GMR Infrastructure tumbled about 8 percent Thursday after the company launched a share sale issue to institutional investors.
Jul 03, 2014, 18:31 PM IST
US, European funds buy majority of RCom's over Rs 4,800 cr QIP
US and European institutional investors bought a majority of shares in the over Rs 4,800-crore QIP offering by telecom operator Reliance Communications.
Jul 02, 2014, 21:19 PM IST
Omaxe plans to raise Rs 300 cr
The funds would be raised by diluting promoters' stake by 8-10 percent depending on the market conditions.
Jun 29, 2014, 13:38 PM IST
RCom raises Rs 4,808 cr in share sale to institutional buyers
Reliance Communications (RCom) on Friday said it raised about Rs 4,808 crore by selling shares to institutional investors to help trim debt.
Jun 27, 2014, 19:59 PM IST
RCom raises Rs 4,800 cr in the biggest fund-raising by a pvt co
The company, which opened the qualified institutional placement (QIP) at a price of Rs 142.13 a share, got total bids of more than Rs 12,000 crore, of which it retained Rs 4,800 crore, sources said.
Jun 25, 2014, 11:31 AM IST
RCom to raise Rs 4,300 crore from investors, promoters
The offer price of the QIP has been fixed at Rs 142.13 a share, which is a 5 percent discount to the floor price of Rs 149.61.
Jun 24, 2014, 18:01 PM IST
