We are talking about the GLP-1 opportunity and our strong franchise in insulins. There is a huge demand in the global diabetes-obesity segment, said Siddharth Mittal
Kaynes Technology share price rises 3.9 per cent after the company launched its QIP; Check floor price and other key details
Biocon opens Rs 4,500-crore qualified institutional placement to repay debt, invest in Biocon Biologics and meet general corporate obligations
State-owned IREDA has raised over Rs 2,000 crore through the issuance of qualified institutions placement. The qualified institutions placement (QIP) issue, which was open from June 5-10, received an encouraging response from both domestic and foreign qualified institutional buyers (QIBs), including insurance companies, scheduled commercial banks and foreign portfolio investors. The board has approved the allotment of equity shares to eligible qualified institutional buyers in its meeting held on Wednesday. The QIP was oversubscribed with bids amounting to Rs 2,005.90 crore against the base issue size of Rs 1,500 crore, achieving a subscription of 1.34 times. The capital was mobilised by issuing 12.15 crore equity shares at Rs 165.14 per share, which includes a premium of Rs 155.14 per share over the face value of Rs 10, IREDA said. The issue price of Rs 165.14 reflects a discount of 5 per cent to the floor price of Rs 173.83 per equity share. The capital raised through this issu
In Q4 FY25, we recovered around Rs 1,666 crore, taking the total recovery for the full year to Rs 4,400 crore, Ashwani Kumar said
Ireda share price declines after the company launched ₹5,000 crore QIP; check floor price and other details here
At 02:35 PM; Centum Electronics was trading 11 per cent higher at ₹2,510.80, as compared to 1.1 per cent decline in the BSE Sensex.
SBI's board, at a meeting scheduled for May 3, 2025, is expected to discuss and approve the proposal for raising equity during FY26.
The floor price of the QIP was set at ₹1,019.25 per share which implies 3 per cent premium over Tuesday's closing at ₹988.45 per share on BSE
Central Bank of India share price: Central Bank of India shares have been on a downward trajectory since it issued shares to QIBs. Central Bank of India stock hit 52-week low on April 2, 2025
Indian companies achieved a record-breaking fundraising of Rs 1.33 lakh crore through Qualified Institutional Placements (QIPs) in FY25, registering a sharp increase from the previous year, as a booming stock market fuels aggressive capital raising. India Inc has raised Rs 1,33,251 crore till March 31, marking an 87 per cent increase from Rs 71,306 crore garnered in FY24, according to data compiled by Prime Database. Companies leveraged buoyant equity markets to strengthen balance sheets and fund expansion, a key driver of the surge in QIP fundraising, analysts said. As per the data, 85 companies have tapped the capital markets with QIP issues till March 31, 2025 as compared with just 64 companies during the last financial year. "FY25 witnessed the highest-ever QIP fundraising in the history of Indian capital markets, both in terms of volume and value," Neha Agarwal, MD & Head of Equity Capital Markets at JM Financial, told PTI. Agarwal attributed the surge in QIPs to a broader ..
A total of 354.18 million equity shares of Indian Overseas Bank allotted to QIBs pursuant to QIP were listed and admitted for trading on the Exchange with effect from Friday, March 28, 2025.
The company will be raising funds aggregation worth Rs 4,200 crore through the QIP, as informed by the company via a filing on January 18, 2025
The stock gained after the company launched its qualified institutional placement (QIP) at a floor price of Rs 1,219.65 per share
State-owned IREDA has got shareholders' approval for raising up to Rs 5,000 crore through issuance of equity shares to qualified institutional buyers. The proposal received the shareholders' nod at the 22nd Extraordinary Genera Meeting on Monday. All the resolutions as mentioned in the notice for the EGM have been duly approved and passed by the shareholders as a special resolution with requisite majority, a BSE filing said. As per the notice, the company anticipates growth opportunities in its existing operations and continues to evaluate various avenues, for which it requires capital.
Institutional investors 'extremely bullish' about sector's growth potential, it says
Adani Power Q3FY25 results: The board of directors approved raising funds for an aggregate amount not exceeding Rs 5,000 crore through the QIP route
These 15 companies accounted for 70 per cent of total fund mobilisation of Rs 93,453 crore via QIP route in the past six months, according to PRIME Database.
The company clarified, planned issuance would not dilute the stake of government of India in the company not beyond 7 per cent post the issue
Government's shareholding in Ireda would not dilute by more than 7 per cent of its 75 per cent stake in the firm, the company said