“The word “tariff” has been overused in the past few months, and we’ll probably continue using it. Until things settle,…
Tag: QIP
LIC ups stake in SBI to 9.49% via QIP route, buys over 6.1 crore shares worth Rs 5,000 crore
Life Insurance Corporation of India (LIC) has increased its stake in State Bank of India (SBI) from 9.21% to 9.49%…
SBI QIP: SBI achieves record Rs 25,000 crore institutional share sale with strong investor demand
Mumbai: State Bank of India‘s (SBI) record ₹25,000-crore institutional share sale was bid more than four times the stock on…
Reliance Power board approves Rs 6,000 crore fundraising plan via QIP
The board of Reliance Power on Wednesday approved a Rs 6,000 crore worth fundraising plan via the Qualified Institutions Placement…
Reliance Infra board approves Rs 6,000 crore fundraising plan via QIP
The board of Reliance Infrastructure on Wednesday approved a Rs 6,000 crore fundraising plan through the Qualified Institutional Placement (QIP)…
SBI appoints 6 banks for Rs 25,000 crore QIP, first share sale in eight years
State Bank of India (SBI), the most valued government asset, is in advanced stages of appointing multiple merchant banks to…
UCO Bank fixes QIP price at Rs 34.37 per share
State-owned Uco Bank has fixed the price of its Rs 2000 crore qualified institutional placement at Rs 34.27 per equity…
Punjab & Sind Bank fixes QIP floor price at Rs 40.38 per share
State-owned Punjab & Sind Bank on Monday fixed the floor price of Rs 40.38 per share to raise funds through…