Torrent Power garners robust investor confidence with maiden Rs 3,500cr QIP

Pallavi Madhiraju- December 9, 2024 0

Torrent Power Limited, a prominent player in India’s private sector power utilities, has successfully completed its maiden equity raise through a ₹3,500 crore Qualified Institutional ... Read More

Himatsingka Seide completes Rs 400cr QIP, targets debt reduction and growth

Pallavi Madhiraju- October 31, 2024 0

Himatsingka Seide Limited has successfully concluded a ₹400 crore Qualified Institutional Placement (QIP), enhancing its financial strength and strategic growth. The company plans to use ... Read More

Hi-Tech Pipes Limited secures Rs 5,000 million through oversubscribed QIP

Pallavi Madhiraju- October 13, 2024 0

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, ... Read More

SpiceJet’s Rs 3,000cr fundraise approved: Can the airline overcome financial woes and reclaim its market share?

Pallavi Madhiraju- September 13, 2024 0

SpiceJet’s recent Rs 3,000-crore fundraise has been approved by its shareholders, signaling a bold attempt to revive the airline amid a severe financial crisis. With ... Read More

Vedanta shares explode with 78% surge after ICRA upgrade

Pallavi Madhiraju- September 5, 2024 0

Vedanta Limited's shares have captured significant attention in the stock market after ICRA, one of India's leading credit rating agencies, upgraded its long-term credit rating ... Read More

Investors pour Rs 1,000cr into Zen Technologies in record-breaking QIP

Pallavi Madhiraju- August 24, 2024 0

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 ... Read More

Cello World Limited surges with record-breaking Q1 FY25 results—Find out the numbers

Pallavi Madhiraju- August 12, 2024 0

Cello World Limited, a key player in India's consumerware sector, has unveiled its unaudited financial results for the quarter ended 30 June 2024. The company, ... Read More

Massive financial boost for Pitti Engineering! Find out what’s next for the engineering giant!

Pallavi Madhiraju- July 13, 2024 0

Pitti Engineering, a leading engineering company in India, has successfully raised ₹35,999.99 lakhs through a Qualified Institutions Placement (QIP). This strategic fundraising was initiated on ... Read More

Karnataka Bank completes equity share capital allotment of Rs 600cr via QIP

Pallavi Madhiraju- March 28, 2024 0

In a significant financial move, Karnataka Bank has successfully completed an equity share capital allotment amounting to ₹600 crores through a Qualified Institutional Placement (QIP). ... Read More