IREDA gets nod to raise Rs 4,500 crore via QIP, govt to dilute up …
WEB2 days ago · The Indian Renewable Energy Development Agency has received approval from the Union government to raise funds by selling fresh equity through qualified institutions placement (). This QIP allows them to raise funds by issuing new shares to institutional investors, like banks and mutual funds. The government, which is a majority shareholder in IREDA, will reduce its stake by issuing new shares.
IREDA share price jumps over 4% after DIPAM nod to raise ... - Mint
WEB1 day ago · IREDA share price jumps over 4% after DIPAM nod to raise ₹4,500 crore via QIP. IREDA share price has gained over 30% in one month, while the PSU stock has given multibagger returns of more than ...
IREDA shares surge over 4% on govt nod for Rs 4,500 crore QIP
WEB1 day ago · This QIP allows them to raise funds by issuing new shares to institutional investors, like banks and mutual funds. The government, which is a majority shareholder in IREDA, will reduce up to 7% of its stake by issuing new shares. ... Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and ...
IREDA’s shares surge over 2% after Government approval for QIP
WEB1 day ago · Indian Renewable Energy Development Agency (IREDA) shares jumped 2.09% to ₹232.15 in early trading on September 19, 2024, following the company’s announcement of government approval for a ...
QIP pipeline worth Rs 1.39 lakh crore set to hit the market soon
WEB2 days ago · Fed Meeting. 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 ...
Govt to dilute 7% stake in IREDA via Rs 4,500 crore QIP issue
WEB2 days ago · 2 min read. MUMBAI: The Indian Renewable Energy Development Agency (IREDA) has received approval from the Department of Investment and Public Asset Management (DIPAM) to raise up to ₹4,500 crore ...
Ireda gets govt approval to raise up to Rs 4,500 crore via QIP route
WEB2 days ago · State-owned Indian Renewable Energy Development Agency (Ireda) said it has received the government's approval to raise up to Rs 4,500 crore through an issue of equity shares to qualified institutions placement. The approval was granted by the Department of Investment and Public Asset Management (Dipam) based on the recommendations of a high ...
IREDA secures Centre’s nod to raise up to ₹4,500 cr via QIP ... - Mint
WEB2 days ago · Updated 18 Sep 2024, 09:25 PM IST. IREDA gets govt nod to to raise ₹4,500 crore. State-owned Indian Renewable Energy Development Agency (IREDA) has received government approval to raise up to ...
Funds raised through QIP hit a 3-year high of Rs 42,000 crore, 35 ...
WEBDec 8, 2023 · Listed firms raised Rs 42,000 crore through qualified institutional placement (QIP) in 2023, the most since 2020. Banks, NBFCs and manufacturing companies were the major beneficiaries of the...
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...