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qualified institutional placement

Route Mobile raises $117 mn in QIP from global funds Steadview Capital, PineBridge, others

TMT

19 November, 2021

Route Mobile raises $117 mn in QIP from global funds Steadview Capital, PineBridge, others

Global and domestic investor funds, including Steadview Capital Mauritius, Pinebridge Global Fund and Kuber India Fund, have invested Rs 867.49 ......

State-run Canara Bank to raise up to $1.2 bn via debt, equity

Finance

28 May, 2021

State-run Canara Bank to raise up to $1.2 bn via debt, equity

State-run Canara Bank said on Friday it will raise up to Rs 9,000 crore ($1.2 billion) in debt and equity ......

Grapevine: Axis Bank to raise over $2 bn; Utkarsh Small Finance Bank plans IPO

General

19 September, 2019

Grapevine: Axis Bank to raise over $2 bn; Utkarsh Small Finance Bank plans IPO

Axis Bank is planning to raise more than Rs 14,000 crore (about $2 billion at current exchange rate) in a ......

Grapevine: Yes Bank looks to raise more money; Naspers to buy into startup Dream11

General

16 August, 2019

Grapevine: Yes Bank looks to raise more money; Naspers to buy into startup Dream11

Yes Bank Ltd is eyeing an additional $600 million (about Rs 4,276.7 crore at current exchange rate) after raising $270 ......

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Flashback 2017: Insurers lead IPO boom in record year for stock markets

Finance

26 December, 2017

Flashback 2017: Insurers lead IPO boom in record year for stock markets

Strong liquidity flows pushed benchmark stock market indexes higher for the second year running in 2017 while local companies raised ......

Mortgage lender HDFC raising $2 bn for investing in units, expansion

Finance

19 December, 2017

Mortgage lender HDFC raising $2 bn for investing in units, expansion

Mortgage lender Housing Development Finance Corp Ltd will raise Rs 13,000 crore ($2.03 billion) to maintain its stake in its ......

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Apollo Tyres hires I-banks for QIP

Manufacturing

14 June, 2017

Apollo Tyres hires I-banks for QIP

Gurgaon-based Apollo Tyres Ltd has hired two investment banks to raise capital through a qualified institutional placement (QIP), two people ......

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Granules India hires bankers to raise $77 mn via QIP

Healthcare

30 May, 2017

Granules India hires bankers to raise $77 mn via QIP

Hyderabad-based listed drugmaker Granules India Ltd has hired two investment bankers to raise Rs 500 (around $77 million) through a ......

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Wockhardt, Cadila hire bankers for share sales

Healthcare

26 May, 2017

Wockhardt, Cadila hire bankers for share sales

Top drugmakers Wockhardt Ltd and Cadila Healthcare Ltd have selected merchant bankers to raise funds through a private placement of ......

Kotak Mahindra Bank to raise $900 mn via share sale

Finance

11 May, 2017

Kotak Mahindra Bank to raise $900 mn via share sale

India's Kotak Mahindra Bank Ltd is selling new shares worth as much as Rs 5,800 crore ($900 million) to boost ......