Shakti Pumps (India) Limited secures Rs 200cr in QIP issue

Shakti Pumps (India) Limited secures Rs 200cr in QIP issue

Shakti Pumps (India) Limited (SPIL), a frontrunner in the manufacturing of solar pumps and motors in India, has successfully concluded a Qualified Institutional Placement (QIP) raising Rs. 200 Crores. This financial milestone has garnered substantial attention, being fully subscribed by esteemed domestic institutional investors including LIC Mutual Fund and SBI Mutual Fund. This endorsement not […]