IDBI Bank has secured Rs 1,435 crore via issue of equity shares to 44 eligible qualified institutional buyers, as per a regulatory filing. The bank had intended to raise Rs 2,000 crore (base size Rs 1,000 crore and green-shoe option of Rs 1,000 crore) by way of the QIP issue at a floor price of…
Reliance Retail has raised fundraise of Rs 47,265 cr in exchange of 10.09% stakes. The “largest fund raised exercise in the sector” is completed within two months. According to a statement released by the parent company, Reliance Industries Ltd., all the investments have been completed, with receipts of funds and issue of shares. Ms Isha…