Rs. 56,800 Crore Raised VIa QIP Issue This Year-Highest Since CY 2009

Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    In December month alone, as many as 10 companies including banks have come up with a QIP or qualified institutional placement issue to tap funds. This is the highest number of QIP issue launched in seven year's time.

    Rs. 56,800 Crore Raised VIa QIP Issue This Year-Highest Since CY 2009
     

    As many as 8 companies including PNB, Union Bank of India, M&M Financial Services and Natco Pharma have this month raised Rs. 11,037 crore through qualified institutional placement.

    The proceeds from the issue are likely to be used most towards repayment or pre-payment of debt and capital expenditure.

    Know what is QIP here.

    After slowdown in QIPs for two continuous years, revival is witnessed with a total mopped up capital of Rs. 56,800 crore through 41 QIPs in the calendar year 2017.

    Goodreturns.in

    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    Get Latest News alerts from Goodreturns

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more