People's Bank of China picks up stake in ICICI Bank via QIP issue
The People's Bank of China was among 357 institutional investors which included domestic mutual funds, insurance companies and global institutions that subscribed to the issue, sources said.
Aug 19, 2020, 11:32 AM ISTBank of Maharasthra to raise up to Rs 3,000 crore equity capital
A resolution was passed by shareholders for raising of equity capital by follow on public offer/rights issue/qualified institutional placement/preferential issue, aggregating to Rs 3,000 crore including share premium, the bank said in a regulatory filing.
Jun 28, 2019, 10:45 AM ISTDLF's over Rs 3,000 cr QIP closed; issue price fixed at Rs 183.4 a share
The panel also approved the issue price of Rs 183.40 per equity share, which is at a discount of 4.98 percent (i.E. Rs 9.61 per share) to the floor price of Rs 193.01 per share.
Mar 29, 2019, 12:04 PM ISTSebi puts 10% cross-shareholding cap in mutual funds
The new measure may have an impact on the shareholding pattern of UTI Asset Management Company (AMC), requiring its promoters to lower their stake to 10 percent or below in next one year.
Dec 28, 2017, 17:56 PM ISTQIP credit positive for SBI, removes dependence on govt: Moody's
In a report, the US-based agency said any capital infusion from the government will further strengthen the bank's capitalisation.
Jun 12, 2017, 10:39 AM ISTSBI raises Rs 15,000 cr from QIP
India`s largest bank State Bank of India (SBI) has successfully completed raising of Rs 15,000 crore from qualified institutional placement (QIP), a top bank official said on Friday.
Jun 09, 2017, 16:24 PM ISTSBI raises Rs 15,000 crore through QIP
Country's largest lender SBI on Thursday said it has raised Rs 15,000 crore by selling 52.2 crore shares through qualified institutional placement (QIP), the largest share sale in the secondary market by a bank.
Jun 08, 2017, 21:19 PM ISTRBI policy, macro data, monsoon to guide markets
RBI's monetary policy review, key macroeconomic data and progress of monsoon rains would influence market sentiment this week, say experts.
Jun 04, 2017, 12:10 PM ISTKotak Mahindra Bank raises Rs 5,800 crore through India's second largest QIP
Private sector lender Kotak Mahindra Bank on Friday raised over Rs 5,800 crore through a qualified institutional placement (QIP) at Rs 936 a share, sources said.
May 12, 2017, 22:00 PM ISTUCO Bank plans to raise Rs 75 crore capital
State run UCO Bank on Tuesday said it is planning to raise Rs 75 crore of equity capital during the current financial year in one or more tranches.
May 09, 2017, 19:20 PM ISTSBI to raise funds via FPO, QIPs; to appoint 6 merchant bankers
Country's largest lender SBI on Tuesday said it plans to raise funds through follow-on public offer and institutional placement in the current fiscal and has sought applications from merchant bankers for managing the issue.
May 09, 2017, 15:13 PM ISTMotherson Sumi raises Rs 1,993 crore via QIP issue
Auto component firm Motherson Sumi Systems has raised Rs 1,993.44 crore via issuance of 62,884,827 shares to qualified institutional buyers.
Sep 17, 2016, 19:08 PM ISTADB, IFC in talks with IDBI Bank for Rs 3,771-cr QIP
Global lenders, Asian Development Bank and International Finance Corporation, as well as other investors are in talks for state-owned IDBI Bank's Rs 3,771- crore stake sale via qualified institutional placement route.
Jul 01, 2016, 16:51 PM ISTFirms mop-up over Rs 14K crore from QIP in April-Jan
Indian companies have raised over Rs 14,000 crore through Qualified Institutional Placement (QIP) route in the first ten months of the ongoing fiscal.
Mar 17, 2016, 12:23 PM ISTCompanies raised Rs 68,608 cr through equities in 2015
Five IPOs had hit the capital market to garner just Rs 1,201 crore in 2014.
Dec 30, 2015, 14:36 PM ISTAurobindo Pharma to seek shareholders nod to raise $600 mn
Aurobindo Pharma will seek approval from its shareholders for an enabling resolution to raise up to USD 600 million (around Rs 3,974 crore) via issue of securities.
Nov 18, 2015, 18:34 PM ISTFund mop-up via QIP slumps 38% in H1 FY'16
Fund raising by listed companies from institutional investors plunged by 38 percent to Rs 12,658 crore in the first six months of the current fiscal.
Nov 12, 2015, 15:32 PM IST
India Inc raises Rs 17,000 crore via QIPs in Jan-July
This comes on top of Rs 31,684 crore that was raised by various listed firms by issuance of shares to institutional investors in the entire 2014.
Sep 07, 2015, 15:28 PM ISTGovt looking at enhancing capital allocation for PSBs: Jaitley
Government is examining the possibility of suitably enhancing the capital allocation for public sector banks (PSBs) during this fiscal, Finance Minister Arun Jaitley has informed the Rajya Sabha.
Jul 30, 2015, 20:03 PM ISTQIP issue proceeds drop nearly 30% to Rs 726 crore in May
The funds raised in May are the second-lowest after Rs 225 crore mopped up in January this year.
Jul 08, 2015, 17:53 PM IST