 "Indiabulls")
Shares of Indiabulls Real Estate dipped 6 per cent to Rs 102.20 on the BSE in Monday's intra-day trade after 85.56 million equity shares allotted to qualified institutional buyers (QIBs) got listed on the stock exchanges today.
"85,559,435 equity shares of Rs 2 each, allotted to QIBs pursuant to qualified institutional placement (QIP), are listed and admitted for trading on the exchange with effect from Monday, April 18, 2022," BSE said in notice dated April 13, 2022.
Indiabulls Real Estate had raised Rs 865 crore at Rs 101.10 per equity share through QIP. The placement issue price of
"85,559,435 equity shares of Rs 2 each, allotted to QIBs pursuant to qualified institutional placement (QIP), are listed and admitted for trading on the exchange with effect from Monday, April 18, 2022," BSE said in notice dated April 13, 2022.
Indiabulls Real Estate had raised Rs 865 crore at Rs 101.10 per equity share through QIP. The placement issue price of
