Union Bank looks to raise Rs 2,500 cr via QIP next month
Days after it got shareholders' approval to raise around Rs 3,700 crore, state-owned Union Bank of India has said it's planning to mop up Rs 2,500 crore through qualified institutional placement (QIP) next month.
Jun 28, 2015, 14:58 PM ISTBajaj Fin sets floor price for Rs 1,400-cr QIP at Rs 4,407.34
Bajaj Finance Ltd has set the floor price of its Rs 1,400 crore QIP at Rs 4,407.34 per equity share.
Jun 04, 2015, 20:26 PM ISTHCC allots shares worth Rs 400 crore to institutional investors
Infrastructure major Hindustan Construction Company Ltd on Friday said it has decided to allot 13.3 crore shares worth about Rs 400 crore to institutional investors.
Apr 10, 2015, 16:33 PM ISTFund raising via QIP hit 5-yr high at over Rs 28,000 cr in FY15
Fund raising through the qualified institutional placement (QIP) route has hit five years high of over Rs 28,000 crore in 2014-15, indicating increased interest among domestic firms to mop-up capital via this route.
Apr 08, 2015, 17:20 PM ISTSBI hints at launching Rs 15,000-cr QIP issue "anytime"
State Bank of India (SBI) Wednesday hinted that its biggest share sale issue, which may fetch a whopping Rs 10,000-15,000 crore, may hit the markets "anytime".
Mar 04, 2015, 23:06 PM ISTFunds via QIP route surge to Rs 24,452 cr in 9 months from April
Firms had mopped up Rs 5,483 crore through Qualified Institutional Placement (QIP) route, during April-December period of previous fiscal, 2013-14.
Jan 28, 2015, 15:07 PM ISTFund raising via QIP surges to Rs 30,000 cr so far in 2014
According to latest update available with the market regulator Sebi, companies have mopped up Rs 29,582 crore through 33 QIP issues during January-October period of 2014.
Nov 27, 2014, 15:14 PM ISTFund raising via QIP surges to over Rs 26,000 cr in 2014
Fund raising through the qualified institutional placement (QIP) seems to be gaining traction among Indian firms, with total amount mopped-up via this route crossing the Rs 26,000 crore mark this year.
Oct 08, 2014, 15:49 PM ISTCanara Bank may close Rs 3,500-crore QIP issue by November
State-run Canara Bank which has board approval to raise Rs 3,500 crore through a qualified institutional placement (QIP) is awaiting government approval for the same and expects to mop up the money by November.
Sep 16, 2014, 18:41 PM ISTGammon Infra Projects raises Rs 259 crore through QIP
Gammon Infrastructure Projects on Monday said it has raised Rs 259 crore through a qualified institutional placement (QIP).
Sep 08, 2014, 22:05 PM ISTCanara Bank expects Rs 500 cr capital from govt this fiscal
State-owned Canara Bank on Thursday said it is expecting a capital infusion of Rs 500 crore from the government this fiscal.
Aug 21, 2014, 19:55 PM ISTGMR Infra shares tumble 8% on QIP issue
Shares of GMR Infrastructure tumbled about 8 percent Thursday after the company launched a share sale issue to institutional investors.
Jul 03, 2014, 18:31 PM ISTUS, European funds buy majority of RCom's over Rs 4,800 cr QIP
US and European institutional investors bought a majority of shares in the over Rs 4,800-crore QIP offering by telecom operator Reliance Communications.
Jul 02, 2014, 21:19 PM ISTUnion Bank of India to raise Rs 1,386 cr via QIP
State-owned Union Bank of India has proposed to raise Rs 1,386 crore through Qualified Institutional Placement (QIP) to fund its business growth.
Jun 30, 2014, 16:02 PM ISTRCom raises Rs 4,808 cr in share sale to institutional buyers
Reliance Communications (RCom) on Friday said it raised about Rs 4,808 crore by selling shares to institutional investors to help trim debt.
Jun 27, 2014, 19:59 PM ISTIdea raises Rs 3,750 crore from QIP, preferential issue
Country's third largest telco Idea Cellular Wednesday said it has raised total Rs 3,750 crore from its qualified institutional placement offering and preferential issue to existing shareholder Axiata as the firm creates a war chest for the spectrum auctions later this year.
Jun 11, 2014, 20:51 PM IST