PNB raises Rs 5,000 crore via QIP route - The Economic Times
WEB2 days ago · Punjab National Bank on Friday raised Rs 5,000 crore via the qualified institutional placement (QIP) route. The Capital Raising Committee of the state-run lender on Friday allotted over 48.19 crore equity shares to qualified institutional buyers (QIBs) at an issue price of Rs 103.75 apiece.
PNB raises ₹5,000 crore via QIP to strengthen capital base
WEB2 days ago · State-owned Punjab National Bank (PNB) on Friday (September 27) said it has successfully raised ₹5,000 crore through a qualified institutional placement (QIP) of approximately 48.19 crore equity shares.
Punjab National Bank Raises Rs 5,000 Crore Via QIP; Citigroup, …
WEB2 days ago · Punjab National Bank has raised Rs 5,000 crore through a qualified institutional placement. The fundraise is lower as compared to the bank's initial aim to raise up to Rs 7,500 crore via the QIP route.
PNB fixes floor price of Rs 109.16 per share for its share sale via QIP
WEB6 days ago · State-owned Punjab National Bank (PNB) on Monday fixed a floor price of Rs 109.16 per share for its share sale through qualified institutional placement (QIP). The bank had taken board approval last year for raising up to Rs 7,500 crore via share sale in one or more tranches during 2024-25.
PNB launches QIP to raise up to Rs 5,000 crore at Rs 103.75 per …
WEB6 days ago · State-owned Punjab National Bank (PNB) on Monday launched a qualified institutional placement (QIP) to raise up to Rs 5,000 crore at an indicative price of Rs 103.75 per share. According to bankers, the base deal size is Rs 2,500 crore, with the potential to be upsized to Rs 5,000 crore depending on demand.
PNB launches QIP today, fixes floor price of Rs 109.16 per share
WEB6 days ago · PNB board approves raising equity capital from share sale, fixes floor price for QIP at Rs 35.51
WEBQualified Institutional Placement (“QIP”) • Single largest ever equity raise through the QIP route in India’s metals and mining sector. • Received overwhelming response from global and domestic investors.
Vedanta launches QIP to raise up to - Hindustan Times
WEBMining conglomerate Vedanta Ltd launched its qualified institutional placement (QIP), the company said in an exchange filing. Its fundraising committee approved the QIP's launch at a floor...
Funds raised through QIP hit a 3-year high of Rs 42,000 crore, 35 ...
WEBDec 8, 2023 · Fund-raising through the qualified institutional placement (QIP) route hovered near a 40-month high in November 2023 with listed companies mopping up around Rs 12,150 crore - the highest since...
Largest QIP funding in FY24 so far - Mint
WEBOct 8, 2023 · Indicating optimism in investors’ sentiments, first half of financial year 2023-24 witnessed a rise in its fundraising via Qualified Institutional Placements (QIP).