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SpiceJet QIP: Board okays 48.7 crore share allotment to raise Rs 3,000 crore
With this allotment, the airline's paid-up equity share capital will increase from Rs 794.67 crore, representing 79.46 crore equity shares, to Rs 1,281.68 crore, representing 128.16 crore equity shares.
SpiceJet Takes Flight With QIP Allotment: Board Greenlights QIP Of 48.7 Crore Shares At ₹61.60 Each Amid Financial Turbulence
SpiceJet, the embattled low-cost carrier on Saturday (September 21) through an exchange filing announced that the company that its board has approved the issuance and allotment of 48.7 crore equity shares to qualified institutional buyers at a price of Rs 61.
SpiceJet QIP allotment: Board approves issue of 48.7 crore shares at issue price of Rs 61.60 per share
SpiceJet is grappling with multiple woes, including financial challenges, legal battles and grounding of aircraft
SpiceJet QIP: Top investors for Rs 3000 crore offer - Check floor price, details
In a regulatory filing on Friday, the airline said shareholders have given their nod for the special resolution to raise up to Rs 3,000 crore.
SpiceJet to issue 48.7 crore shares for ₹3,000 crore QIP
QIP oversubscribed by Tata Mutual Fund, Discovery Fund. SpiceJet's ₹3,000 crore QIP has attracted significant investor interest, and was oversubscribed by key players such as Ta
Samvardhana Motherson Raises Rs 2,438 Crore Via QIP, CCDs
It announced the closure of the QIP pursuant to the receipt of application forms and the funds in the escrow account from the eligible qualified institutional buyers
SpiceJet Raises Rs 3,000 Crore From Institutional Investors
SpiceJet has raised Rs 3,000 crore through sale of shares to qualified institutional buyers, providing a much-needed tailwind for the struggling airline. As SpiceJet strengthens its operations, passengers can expect improved service,
The Financial Express
9h
Airlines Turbulence: SpiceJet’s successful QIP could prevent a potential duopoly, and keep airfares in check
SpiceJet's oversubscribed QIP, supported by prominent investors like Goldman Sachs, Morgan Stanley Asia, BNP Paribas ...
5d
SpiceJet to utilise QIP proceeds to stabilise its 'financial health'
Through the QIP, the struggling carrier is aiming to raise funds by selling shares to eligible institutional participants.
Republic Business on MSN
3d
SpiceJet QIP: Bandhan Bank, family offices of Madhu Kela, Akash Bhanshali among investors, says report
The proceeds will also be used for settling liabilities of creditors, including aircraft and engine lessors, engineering ...
India Infoline
2d
Reliance Infra approves ₹6,000 Crore QIP
The business expects the preferred issuance to increase its net worth from over ₹9,000 Crore to over ₹12,000 Crore.
4d
on MSN
Samvardhana Motherson share price traded volatile: Sets QIP floor price at a 2.5% discount to previous day closing price
Samvardhana Motherson share price fell up to 2-3% in intraday trades on Tuesday. Though the share prices also marked a ...
Fortune India
5d
SpiceJet shares fall 6% on profit booking; airline launches ₹3,000 cr QIP
Budget airline has not officially announced the QIP size yet but said its board has approved raising of up to ₹3,000 crore ...
4d
QIP pipeline worth Rs 1.39 lakh crore set to hit the market soon
Currently, data for 75 companies is available in terms of the approximate size of the offering and the cumulative value is ...
ET Now on MSN
2d
Reliance Infra QIP: Anil Ambani's company mulls fund raise; shares hit 52-week HIGH
Reliance Infrastructure shares climbed nearly 10% to hit a 52-week high of Rs 320 per share on Friday, September 20, in the ...
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SpiceJet
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