Sterling and Wilson Renewable Energy Limited (SWRE) has announced the completion of a fundraise of Rs. 1,500 crore through Qualified Institutions placement (QIP) route. The Securities Issuance Committee of Board of Directors at its meeting held on December 14th, 2023 approved the issue and allotment of 4,32,27,665 equity shares of face value Re. 1/- each…
Tag: Qualified Institutional Placement
Indiabulls Real Estate raises ₹8.65 bn through QIP
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•Indiabulls Real Estate Limited, announced that it has successfully completed a capital raise of ₹8.65 billion (US$ 114 million) at ₹101.10 per equity share through Qualified Institutional Placement. Trading of these shares will commence today ie April 18, 2022, on NSE and BSE. The fund-raising committee of the Board of Directors of the Company approved…
Mumbai-based JM Financial raises Rs770 crore through QIP
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•Investment banker JM Financial announced the successful closure of its Qualified Institutions Placement. The Company said that it has issued and allotted 11 crore equity shares of the face value of Rs 1 each to qualified institutional buyers at an issue price of Rs.70.0 each, aggregating to Rs. 770 crore. “The committee of the board…