MUMBAI: State Bank of India (SBI) is looking to raise a whopping Rs 25,000 crore through a qualified institutional placement (QIP) of shares and has roped in si ...

Stocks to watch: SBI, Nestle India, Adani Enterprises, Vodafone Idea among shares in focus today amid Israel-Iran war. State ...

About 40 institutional investors participated in the placement. About 60% of the demand came from institutional investors based in Sweden, Norway or the UK, and about 30% from US-based funds.

Indian companies raising funds through qualified institutional placement route. Public sector banks have been raising funds through QIPs to bolster their capital base to finance expansion ...

CHENNAI: Public sector Indian Overseas Bank (IOB) has raised Rs 1,436 crore through qualified institutional placement (QIP). More than 62% of the total shares under the QIP process was allotted to ...

Yes, they are the institutional investors, the likes of mutual funds and FPIs, a.k.a. ‘smart money’, who poured in crores of rupees in QIPs (qualified institutional placement) in calendar 2024 ...

Punjab and Sind Bank plans to raise Rs 2,000 crore through Qualified Institutional Placement this quarter, reducing government holding by 3-4%. The government currently holds a 98.25% stake.

A qualified institutional placement (QIP), used mostly in India, allows a listed company to raise working capital without lengthy regulation oversight.

Enterprise fintech company Zaggle Prepaid Ocean Services has raised Rs 595 crore through a qualified institutional placement, with the state-owned Bank of India emerging as the largest buyer.