SpiceJet QIP gets good response from investors
Reliance Infrastructure shares climbed nearly 10% to hit a 52-week high of Rs 320 per share on Friday, September 20, in the ...
It announced the closure of the QIP pursuant to the receipt of application forms and the funds in the escrow account from the ...
Through the QIP, the struggling carrier is aiming to raise funds by selling shares to eligible institutional participants.
The business expects the preferred issuance to increase its net worth from over ₹9,000 Crore to over ₹12,000 Crore.
The development comes as SpiceJet seeks to enhance its financial stability and competitiveness in the Indian aviation market.
SpiceJet's Rs 3,000-crore qualified institutional placement has been significantly oversubscribed by investors including Tata ...
The aggregate face value of the CCD are proposed to be converted into equity shares at a discount of 13.83 per cent ...
Samvardhana Motherson share price fell up to 2-3% in intraday trades on Tuesday. Though the share prices also marked a ...
Currently, data for 75 companies is available in terms of the approximate size of the offering and the cumulative value is ...