Zinka Logistics Solutions Ltd., the digital logistics platform renowned for connecting truck operators with shippers, has mobilized over ₹501 crore from a robust lineup of anchor investors, just one day before its much-anticipated initial public offering (IPO) opens for public subscription. The company’s success in securing this anchor investment highlights the significant interest from key […]
Hi-Tech Pipes Limited has formally announced the successful completion of its Qualified Institutional Placement (QIP), valued at INR 5,000 million. The QIP significantly exceeded expectations, with an oversubscription driven by strong investor interest. The offering, which commenced on October 7, 2024, and closed on October 11, garnered bids amounting to over INR 8,000 million, underscoring […]
Zen Technologies Limited, a prominent figure in the defence technology sector, has successfully raised ₹1,000 crores through its inaugural Qualified Institutional Placement (QIP), marking a significant milestone in the company’s journey toward expanding its market presence and technological capabilities. This pivotal financial achievement not only reflects the company’s strong strategic vision but also underscores the […]
Satin Creditcare Network Limited (SCNL), a prominent microfinance institution in India, has announced the successful completion of its Qualified Institutional Placement (QIP). Launched on 14th December 2023, the issue garnered substantial interest from top institutional investors, including ICICI Prudential Life Insurance Company Ltd., Bandhan Mutual Fund, and Bajaj Allianz Life Insurance Company Ltd., leading to […]