PepsiCo franchisee Varun Beverages to tap markets for Rs 7,500 cr QIP in November: Report
Mumbai/IBNS: Billionaire Ravi Jaipuria's Varun Beverages Limited, PepsiCo's largest bottling partner in India, plans to raise up to Rs 7,500 crore through a Qualified Institutional Placement (QIP) to attract funds from institutional investors, Moneycontrol reported on Thursday (Oct. 31), citing its sources.
Zomato plans to raise Rs 8,100 cr via QIP: Report
Mumbai: Food aggregator Zomato, which announced a massive 388% YoY Q2FY25 net profit on Tuesday, revealed plans for a qualified institutional placement (QIP) to raise additional funds, reinforcing the bullish sentiment from brokerages, media reports said.
Adani Enterprises launches QIP to raise at floor price Rs 3117.47 per share
Mumbai: Adani Enterprises Ltd, the flagship firm of billionaire Gautam Adani's conglomerate, launched its Qualified Institutional Placement (QIP) on Wednesday, setting the floor price for the issue at Rs 3,117.4750 per equity share, reflecting a 1.2% discount to the day’s closing price, reported Moneycontrol.
Varun Beverages shares jump as board approves raising up to Rs 7,500 crore via QIP
Mumbai/IBNS: Shares of Varun Beverages surged in Wednesday's (Oct. 9) trading session after the board of the PepsiCo bottler approved a plan to raise Rs 7,500 crore through qualified institutional placement (QIP) to support its growth initiatives and enhance its balance sheet.
New Delhi: Troubled-airline SpiceJet deposited provident dues accumulated over the past 10 months, media reports said.
Punjab National Bank raises Rs 5,000 crore via QIP route
New Delhi/IBNS: Leading public sector lender Punjab National Bank (PNB) announced on Friday (Sept. 27) that it has raised Rs 5,000 crore through a Qualified Institutional Placement (QIP).
SpiceJet shares rise as airline clears GST dues and salaries after raising Rs 3,000 crore via QIP
Mumbai/IBNS: Shares of budget airline SpiceJet surged on Friday (Sept. 27) following the announcement that the low-cost carrier has cleared its Goods and Services Tax (GST) dues amounting to approximately Rs 71 crore.
SpiceJet QIP: Board approves issue of 48.7 crore share allotment at Rs 61.80 per share
New Delhi/IBNS: SpiceJet announced on Saturday (Sept. 21) that its board has approved the issuance and allotment of 48,70,12,986 equity shares to qualified institutional buyers at a price of Rs 61.60 per share, which includes a premium of Rs 51.60 per share.
IREDA gets nod for Rs 4,500 cr fundraise via QIP route; govt to offload 7% stake
New Delhi: The Indian Renewable Energy Development Agency (IREDA) has received approval from the Department of Investment and Public Asset Management (DIPAM) to raise up to Rs 4,500 crore through a fresh equity share issue via a Qualified Institutional Placement (QIP).
SpiceJet hasn't paid Rs 427 cr in GST, TDS, and PF dues since 2020: Report
Mumbai: Budget airline SpiceJet announced on Tuesday that it failed to pay statutory dues amounting to Rs 427 crore between March 2020 and August 2024, citing its "constrained financial position", media reports said.
Adani Energy Solutions raises $1 bn via QIP issue, first since Hindenburg row
Mumbai/IBNS: Marking a market return, Adani Group's power transmission unit Adani Energy Solutions Ltd on Tuesday (July 30) raised $1 billion through a share sale, reports said.
Vedanta Ltd raises Rs 8,500 cr through QIP at Rs 440 per share
Mumbai: Vedanta Limited announced on Friday that it raised Rs 8,500 crore through a Qualified Institutions Placement (QIP), which launched on July 15, at a price of Rs 440 per share, media reported.
Vedanta Limited to use Rs 8,000-crore QIP to repay Oaktree Capital, Deutsche Bank, Union Bank debts
Mumbai: Vedanta Limited plans to use the proceeds from its Rs 8,000-crore Qualified Institutional Placement (QIP) offer to partially or fully repay its debt to Oaktree Capital, Deutsche Bank, and Union Bank of India, according to the offer documents filed by billionaire Anil Agarwal’s company, media reported.
Adani Enterprises to raise Rs 16,600 cr via QIP route
Mumbai: The board of Adani Enterprises has approved a plan to raise Rs 16,600 crore through the Qualified Institutional Placement (QIP) route, as announced in an exchange filing on Tuesday.
Union Bank of India raises Rs 5,000 cr equity capital via Qualified Institutions Placement
Mumbai: Union Bank of India, the fifth largest Public Sector Bank in India, successfully raised equity capital of Rs 5000 crore via Qualified Institutions Placement (QIP) on Friday.