Page 2 - Qip

Home First Finance shares jump 4% on launching QIP to raise up to ₹1250-cr

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 shares extend fall, crash 17% in 3 days after QIP

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

Companies raise record Rs 1.33 trn through QIPs in FY25 amid market boom

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 ..

Indian Overseas Bank down 7%, hits 52-week low; stock down 12% in 3 days

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.

Hitachi Energy slips 3% after launching QIP at floor price of Rs 12,112.5

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

Centum Electronics jumps 7% on launching QIP at floor price of Rs 1,219.65

The stock gained after the company launched its qualified institutional placement (QIP) at a floor price of Rs 1,219.65 per share

Ireda gets shareholders' approval to raise up to Rs 5,000 cr via QIP

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.

Real estate firms dominate QIP market in 2024, raise Rs 22,320 cr: Report

Institutional investors 'extremely bullish' about sector's growth potential, it says

Adani Power Q3 results: Net profit up 12% at Rs 3,057 crore, QIP approved

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

Adani Enterprises, Zomato, SpiceJet: 15 stks dip 27% below their QIP price

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.

Ireda to raise up to Rs 5,000 crore via qualified institutions placement

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

Ireda board gives green light to Rs 5,000 crore fundraising through QIP

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

Aditya Birla Fashion and Retail completes fundraise of Rs 1,860 cr via QIP

The company added that the successful fundraise reflects investor confidence in the high-growth potential of India's fashion industry and its position as a leading player in the market

Punjab and Sind Bank to raise Rs 2K cr via QIP this quarter: CEO Saha

State-owned Punjab and Sind Bank plans to raise Rs 2,000 crore through Qualified Institutional Placement (QIP) during the ongoing quarter, a top official of the bank said. The bank has already appointed merchant bankers and legal advisers for the proposed QIP, Punjab & Sind Bank managing director and CEO Swarup Kumar Saha told PTI. "With the QIP, the government holding in the bank would come down 3-4 per cent and capital adequacy ratio would rise at the end of March 2025," he said. The government of India holds 98.25 per cent stake in Punjab & Sind Bank at the end of December 2024, he said. The government has extended the deadline for meeting minimum public shareholding norms for central public sector enterprises and public sector financial institutions till August 2026. Out of 12 public sector banks (PSBs), five are yet to comply with minimum public shareholding (MPS) norms and the government's holding is beyond 75 per cent. As per the Securities and Exchange Board of India ..

Bank of Maharashtra eyes QIP of Rs 2,500 cr in FY26 to support biz growth

Reduce GOI stake, support business growth

Gravita India gains 6% after launching QIP; check floor price, issue size

The board approved the floor price of the QIP at Rs 2,206.49 per share which implies a 1.4 per cent discount on Monday's closing of Rs 2239.05 per share

Fundraising via QIPs hits all-time high in 2024, exceeds Rs 1 trillion

Fundraising through qualified institutional placements (QIPs) reached an all-time high in 2024, surpassing the Rs 1 lakh crore-mark for the first time ever in a calendar year, fuelled by strong stock market conditions and higher valuations. Indian companies have raised Rs 1,21,321 crore through QIPs till November, according to data compiled by Prime Database. This represents a more than two-fold increase compared to the Rs 52,350 crore mobilised in the previous calendar year. The sharp increase showed market resilience has been a key factor driving this growth as companies will continue to garner capital through Qualified Institutional Placements (QIPs), analysts said. According to the data, 82 companies have tapped capital markets with QIP issues till November this year, compared with just 35 that raised Rs 38,220 crore during the same period last year. QIP is one of the quickest products to raise funds from institutional investors. It is designed for listed firms and investment

Senco Gold raises Rs 459 crore via QIP, allots 4.08 mn equity shares

Kolkata-based jewellery retail chain Senco Gold Limited said it raised Rs 459 crore through a Qualified Institutions Placement (QIP) by allotting 40.8 lakh equity shares. The QIP committee of the company's board approved the issuance and allotment of equity shares of Rs 10 were issued at a price of Rs 1,125 per share, including a premium of Rs 1,115, Senco Gold said in a regulatory filing on Friday evening. Post the QIP, the company's paid-up equity share capital has increased to Rs 81.80 crore, comprising 8.18 crore shares, from Rs 77.72 crore (7.77 crore shares), the company added. Among the major allottees, four funds under Tata AIA Life Insurance Co. grabbed 14.49 per cent of the issue size. On a standalone basis, Tata Multicap Fund received the largest portion with 8.77 per cent of the issue size, followed by Tata AIA Life Insurance Co. Ltd's Emerging Opportunities Fund (6.40 per cent) and ICICI Prudential Life Insurance Co. Ltd (6.54 per cent). Other significant investors ...

Brookfield India REIT raises Rs 3,500 crore via QIP to reduce debt

Brookfield India Real Estate Trust has raised Rs 3,500 crore by selling units to institutional investors through QIP issue mainly to reduce debt. In a regulatory filing on Friday, the company said it has successfully completed a capital raise of Rs 3,500 crore through a qualified institutional placement (QIP) of units. The issue was launched on December 9. The issue saw strong demand from long-term investors including a mix offerings from institutions, mutual funds, and life insurance companies. "The issue marked the first REIT investments in India from the International Finance Corporation (part of the World Bank group) and Life Insurance Corporation of India," Brookfield India REIT said. Other anchor investors included SBI Mutual Fund and ICICI Prudential Mutual Fund. The total demand secured from investors was over Rs 5,200 crore, of which Rs 3,500 crore was allotted. The funds raised will be used primarily for reduction of debt. The Issue Committee of the Board of Directors

Brookfield India Reit launches QIP issue to raise up to Rs 3,500 cr

Brookfield India Real Estate Trust on Monday launched its QIP issue to raise up to Rs 3,500 crore by issuing shares to institutional investors. In a regulatory filing, Brookfield India Real Estate Trust informed that the Issue Committee of the board of directors of Brookprop Management Services Pvt Ltd -- manager to Brookfield India REIT -- approved the opening of the QIP (qualified institutional placement) issue on Monday. The panel approved the floor price of Rs 287.55 per unit. The unit price closed at Rs 290.73 apiece on the BSE. Last month, the company's unitholders approved a proposal to raise up to Rs 3,500 crore. The board of directors of Brookprop Management Services approved the issuance of units of Brookfield India REIT through an institutional placement of units not exceeding Rs 3,500 crore in one or more placements. The proceeds will be used for the partial or full prepayment or repayment of the outstanding borrowings, equity contribution, and general purposes, inclu