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SpiceJet raises Rs 3,000 Crore through QIP
SpiceJet's ₹3,000 cr QIP oversubscribed; shares surge 10%
SpiceJet’s Qualified Institutional Placement (QIP) worth ₹3,000 crore was oversubscribed, the airline informed today via an exchange filing. In addition to the QIP, the company secured an additional ₹736 crore from the previous funding round, bolstering the cash-strapped airline's financial position.
Samvardhana Motherson Raises Rs 6,438 Crore via QIP Issue
Samvardhana Motherson International announced raising Rs 6,438 crore through a QIP issue, which saw significant interest from domestic and foreign investors. The funds will primarily be used for debt repayment,
SpiceJet QIP: Airline Stock Soars 10% After Rs 3,000 Crore Fundraise From QIBs; 100% Returns In 1 Year
The shares of SpiceJet soared by up to 10% on September 23, following the airlines successful Rs 3,000 crore fundraising through Qualified Institutional Buyers (QIBs). This move offered a significant financial boost to the low-cost carrier amid financial challenges in recent times.
SAMIL raises ₹6,438 crore via QIP issue
Samvardhana Motherson International Ltd. raises ₹6,438 crore through QIP for debt repayment and growth opportunities, reinforcing investor confidence.
SpiceJet QIP allotment: Board approves issue of 48.7 crore shares at issue price of Rs 61.60 per share
SpiceJet is grappling with multiple woes, including financial challenges, legal battles and grounding of aircraft
Auto component maker Samvardhana Motherson raises Rs 6,438 crore via QIP
Auto components maker Samvardhana Motherson International on Monday said it has raised Rs 6,438 crore via issue of securities.
SpiceJet raises Rs 3,000 Crore through QIP amid new insolvency plea
SpiceJet said on Monday that it has successfully raised Rs 3000 crore through its recently concluded Qualified Institutional Placement (QIP). In addition to the Rs 3,000 crore, SpiceJet claims it will also receive an additional Rs 736 crore from the previous funding round,
SpiceJet shares rally 6% after Rs 3,000 crore QIP attracts marquee investors
SpiceJet shares surged by up to 6% after completing a Rs 3,000 crore Qualified Institutional Placement, attracting global investors. The airline aims to have 100 aircraft by the end of 2026 and plans to return its grounded planes to service.
Spicejet jumps after raising Rs 3000 cr via QIP; to accelerates fleet expansion
Spicejet rallied 6.30% to Rs 70.33 after the company announced that it has raised Rs 3000 crore through its qualified institutional placement (QIP) at a floor price of Rs 64.79 per share.
ET Now on MSN
12h
SpiceJet QIP: Rs 3,000 cr fresh funding! Cash-strapped airline to pay salaries, PFs to employees soon – Details
SpiceJet stocks witnessed a rally after the successful QIP. The stocks settled a high of 6.23 per cent to close at Rs 70.28 ...
12h
PNB launches QIP today, fixes floor price of Rs 109.16 per share
PSU lender Punjab National Bank Ltd announced floor price of Rs 109.16 per share for the Qualified Institutions Placement ...
The Pioneer
1d
SpiceJet raises Rs 3,000 crore through QIP
Domestic carrier SpiceJet on Monday said it has raised Rs 3,000 crore through a Qualified Institutional Placement (
QIP
).
ET Now on MSN
10h
Punjab National Bank QIP: PSU bank mulls fund raise! Check floor price, other details
Ahead of the launch of QIP, shares of Punjab National Bank surged 2.81 per cent to close at Rs 111.50 per share on BSE. The ...
7h
1:2 Split: Chemical Stock Sets Oct 16 As Record Date, Board Gives Nod To Raise Rs 250 Cr Via QIP
Pondy Oxides & Chemicals Ltd today fixed October 16, 2024 as the record date for 1:2 stock split. Board of Directors of Pondy ...
9h
PNB fixes floor price of Rs 109.16 per share for its share sale via QIP
State-owned Punjab National Bank (PNB) on Monday fixed a floor price of Rs 109.16 per share for its share sale through ...
The Financial Express
1d
Airlines Turbulence: SpiceJet’s successful QIP could prevent a potential duopoly, and keep airfares in check
SpiceJet's oversubscribed QIP, supported by prominent investors like Goldman Sachs, Morgan Stanley Asia, BNP Paribas ...
5d
QIP pipeline worth Rs 1.39 lakh crore set to hit the market soon
Currently, data for 75 companies is available in terms of the approximate size of the offering and the cumulative value is ...
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