SpiceJet QIP: Board Approves Issue Of 48.7 Cr Shares At Rs 61.60 …
WEB1 day ago · SpiceJet board has approved the issuance of 48.7 crore equity shares at an issue price of Rs 61.60 per share to raise Rs 3,000 crore from its Qualified Institutional Placement which has attracted strong participation from investors. The QIP is a part of its efforts to strengthen its balance sheet and address the ongoing financial challenges.
SpiceJet QIP: Board greenlights 48.7 crore share allotment
WEB1 day ago · SpiceJet's board has approved issuing 48.7 crore equity shares to institutional investors, raising nearly ₹3,000 crore. The funds will aid in settling statutory dues and creditor liabilities amidst the airline’s financial struggles. SpiceJet announced on Saturday that its board has approved the issuance and allotment of 48.70 crore equity ...
SpiceJet approves 48.7 crore share issue for Rs 3,000 crore QIP at …
WEB1 day ago · Low-cost airline SpiceJet on Saturday announced that its board has approved the issuance and allotment of about 48.71 equity shares to eligible qualified institutional buyers to raise Rs 3,000 crore at an issue price of Rs 61.60 apiece. The issue price includes a premium of Rs 51.60 per unit and a discount …
SpiceJet to utilise QIP proceeds to stabilise its 'financial health'
WEB4 days ago · Mumbai: Private carrier SpiceJet, which has launched a Qualified Institutional Placement (QIP) that seeks to garner ₹3,000 crore, said more than 55% of its fleet is grounded currently. Through the QIP, the struggling carrier is aiming to raise funds by selling shares to eligible institutional participants. ICICI and Indian Bank are yet to ...
Funds raised through QIP hit a 3-year high of Rs 42,000 crore, 35 ...
WEBDec 8, 2023 · Fund-raising through the qualified institutional placement (QIP) route hovered near a 40-month high in November 2023 with listed companies mopping up around Rs 12,150 crore - the highest since...
SpiceJet raises Rs 3,000 cr from institutional investors via share sale
WEB21 hours ago · Five allottees each have received more than five per cent of the shares offered in the QIP. They are Authum Investment and Infrastructure Ltd (9.33 per cent), Discovery Global Opportunity (Mauritius) Ltd (8.33 per cent), Troo Capital (6.67 per cent), Societe Generale - ODI (6.04 per cent) and Goldman Sachs (Singapore) Pte - ODI (5.33 per cent), as per another regulatory filing.
Largest QIP funding in FY24 so far - Mint
WEBOct 8, 2023 · Current financial year witnessed an increase in the popularity of Qualified Institutional Placement (QIP) route for fundraising among Indian firms. In the first half of FY24, around 20 companies...
SpiceJet share price decline up to 6%. Launches a QIP to raise
WEB5 days ago · While it has launches a QIP to raise ₹3000 crore for which floor price stood at ₹64.79, and news reports suggest that QIP price is at further discount to the floor price.
Vedanta launches QIP to raise up to - Hindustan Times
WEBMining conglomerate Vedanta Ltd launched its qualified institutional placement (QIP), the company said in an exchange filing. Its fundraising committee approved the QIP's launch at a floor price...
vedanta qip: Vedanta announces launch of QIP, sets floor price at …
WEBJul 15, 2024 · Mining giant Vedanta Ltd has announced the launch of its qualified institutional placement (QIP) issue and fixed a floor price of Rs 461.2 apiece. The fundraising is aimed at reducing debt and meeting certain capital expenditure requirements.
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