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