Shriram Transport Finance raises Rs 1998cr through QIP
Shriram Transport Finance Company (STFC) said that it has raised INR 1,998.98 crores through a qualified institutions placement (QIP) of equity shares. The non-banking finance company, which is part of the Shriram group, had launched the QIP on 7 June 2021 and is said to have received 6.3x oversubscription. The QIP, which saw the participation […]